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HomeMy WebLinkAboutReso 102-2000RESOLUTION NO. t02-2000 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE FUNDING AGREEMENT AND THE LOAN AGREEMENT WITH THE SAN MATEO COUNTY TRANSPORTATION AUTHORITY WHEREAS, staff desires to accept the Funding Agreement and the Loan Agreement (promissory note) with San Mateo County Transportation Authority; and WHEREAS, funding will be provided by the Oyster Point Fees and San Mateo County Transportation Authority grant funds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council hereby approves a Funding Agreement and the Loan Agreement with the San Mateo County Transportation Authority. 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 23rd day of August , 2000 by the following vote: AYES: Councilmembers Pedro Gonzalez, Eugene R. Mullin and John R. Penna, Mayor Pro Tern Joseph A. Fernekes and Mayor Karyl Matsumoto NOES: None. ABSTAIN: None. ABSENT: None. F:\File Cabinet\RESO\fundingagr.res.doc City Cler~