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HomeMy WebLinkAboutReso 11-1998 RESOLUTION NO. ! 1-98 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING AN AMENDMENT TO THE 1997-98 CAPITAL IMPROVEMENT PROGRAM (98-16) TO ADD $2.2 MILLION FOR THE OYSTER POINT BOULEVARD WIDENING PROJECT WHEREAS, the proposed budget for the Oyster Point Boulevard Widening Project will total $4.4 million including design costs; and WHEREAS, it is anticipated that tax increment funds from the Shearwater redevelopment area and the Downtown Central Redevelopment area will be used to fund the cost of said improvements. NOW, THEREFORE, the City Council of the City of South San Francisco does hereby approve an amendment to the 1997-98 Capital Improvement Program (98-16) to add $2.2 million to the project budget for the Oyster Point Boulevard Widening Project, with $1.9 million to be appropriated from the Shearwater Redevelopment Project, and $300,000 to be appropriated from the Downtown Central Redevelopment Project. 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 rogu 1 a r meeting held on the ?Rth day of _ danuary , 1998 by the following vote: AYES: Councilmembers James L. Datzman, Joseph A. Fernekes, Matsumoto, John R. Penna and Eugene R. Mullin NOES: None ABSTAIN: None ABSENT: None A:\OYSTERPT. WID ATTEST: City Clerk Karyl