HomeMy WebLinkAboutReso 118-2007R1=;SOLUTION NO. 118-2007
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO,
STATE OF CALIFORNIA
A RESOLUTION APPROVING THE PURCHASE OF
REAL PROPERTY LOCATED AT 314 MILLER
AVENUE IN SOUTH SAN FRANCISCO BY THE
REDEVELOPMENT AGENCY OF THE CITY OF
SOUTH SAN FRANCISCO AND ADOPTING
FINDINGS IN CONFECTION THEREWITH
WHEREAS, the Redevelopment Agency of the City of South San Francisco ("Agency")
is a redevelopment agency existing pursuant to the Community Redevelopment Law, California
Health and Safety Code Section 33000, et seq. (the "CRL"), and pursuant to the authority
granted thereunder, has the responsibility to carry out the Redevelopment Plan
("Redevelopment Plan") for the Downtown/Central Redevelopment Project Area ("Project
Area "); and
WHEREAS, Edgar and Myda Trinidad (the "Owners") are the owners of real
property in San Mateo County, California located near the Project Area at 314 Miller
Avenue in the City of South San Francisco (the "Property"); and
WHEREAS, the Owners desire to sell the Property; and
WHEREAS, the Agency desires to acquire the Property with monies from its Low
and Moderate Income Housing Fund ("Housing Fund") to facilitate development and
construction of affordable housing which will benefit the Project Area; and
WHEREAS, the Agency and the Owners have negotiated a purchase and sale
agreement ("Purchase and Sale Agreement") substantially in the form on file with the
City Clerk; and
WHEREAS, the Purchase and Sale Agreement conditions, among other things,
Agency's purchase of the Property on Agency's review and approval of the
environmental condition of the Property; and
WHEREAS, pursuant to Section 33334.2 of the CRL, the Agency may use
Housing Fund monies outside of the Project Area provided that the Agency and the City
Council find that the use will be of benefit to the Project Area; and
WHEREAS, the use of Housing Fund monies to acquire the Property will be of
benefit to the Project Area because iit will provide affordable housing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that it hereby:
1. Finds that the acquisition of the Property by the Agency pursuant to the terms of
the Purchase and Sale Agreement will benefit the Project Area by providing affordable
housing.
2. Approves the purchase of the Property from Edgar and Myda Trinidad pursuant to
the terms of the Purchase and Sale Agreement.
I hereby certify that the foregoing Resolution was regularly introduced and
adopted by the City Council of the City of South San Francisco at a regular meeting held
on the 12th day of December, 20071~y the following vote:
AYES: Councilmembers Mark Addiego, Richard Garbarino, Kevin Mullin,
Mavor Pro Tem Karvl Matsumoto and Mavor Pedro Gonzalez
NOES:
ABSTAIN:
ABSENT:
ATTEST: /5~bf~ ~'~~,~~r~:Cr,~:~~~=~~/
J~his a Martinelli-
Cit Clerk