HomeMy WebLinkAboutReso 79-2001RESOLUTION NO. 79-2001
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION ACCEPTING THE FUNDING AGREEMENT AND THE
LOAN AGREEMENT WITH THE SAN MATEO COUNTY
TRANSPORTATION AUTHORITY FOR THE OYSTER POINT GRADE
SEPARATION PROJECT PHASE II AND PHASE In
WHEREAS, staff recommends the acceptance of a funding agreement and a loan agreement
with the San Mateo County Transportation Authority; and,
WHEREAS, the Oyster Point Fees and San Mateo County Transportation Authority grant
funds will provide funding; and,
WHEREAS, the 2000-2001 Capital Improvement Program identified the funding sources for
the Oyster Point Grade Separation Project.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that the City Council accepts the funding agreement and the loan agreement with the San
Mateo County Transportation Authority for the Oyster Point Grade Separation Project Phase 1I and
Phase 1II.
BE IT FURTHER RESOLVED, that the City Manager is hereby authorized to execute the
funding agreement and loan agreement (promissory note) on behalf of the City of South San
Francisco.
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 22nd day of August
2001 by the following vote:
AYES: Councilmembers Pedro Gonzalez, Karyl Matsumoto and John R. Penna,
Mayor Pro Tem Eugene R. Mullin and Mayor Joseph A. Fernekes
NOES: None.
ABSTAIN: None.
ABSENT: None.
ATTEST:
City Clerk