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HomeMy WebLinkAboutReso 116-1996RESOLUTION NO. 116-96 CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO STATE OF CALIFORNIA A RESOLUTION APPROVING AN OWNER PARTICIPATION AGREEMENT BETWEEN THE CITY, REDEVELOPMENT AGENCY AND ROBERT AND KATHLEEN GIORGI FOR PARCEL NOS. 012-335- 590 AND 012-335-610 (S/E CORNER OF BADEN AND LINDEN AVENUES.) RECITALS WHEREAS, the South San Francisco City Council is authorized to and desires to enter into an Owner Participation Agreement which provides for transfer of properties between the City, the Redevelopment Agency, and Robert and Kathleen Giorgi and also provides for the improvement of a parking lot and installation of a turn lane at the southeast comer of Baden and Linden Avenues; WHEREAS, Robert and Kathleen Giorgi agree to the terms of the Owner Participation Agreement and desire to enter said agreement; NOW THEREFORE, the City Council of South San Francisco does hereby resolve as follows: 1. The City Council hereby approves the Owner Participation Agreement related to the property located at the southeast corner of Baden and Linden Avenues (APN Nos. 012-335-590 and 012-335-610) between Robert and Kathleen Giorgi, the City and the Redevelopment Agency of South San Francisco including the land transfers and reimbursement provisions therein. 2. The City Manager is hereby authorized to execute the Owner Participation Agreement on behalf of the City of South San Francisco. A copy of the Owner Participation Agreement is available for review at the City Clerk's office. 3. The City Manager is further authorized to (1) sign the grant deed conveying the real property identified as APN No. 012-335-610 (Parking Lot No. 9) including the parking lot, but not including any parking control fixtures to Kathleen and Robert Giorgi, (2) sign the certificate of acceptance accepting the conveyance of Parcel No. 012-335-590 to the City, and (3) sign any documents necessary to accept the dedication of the traffic lane improvements at the southeast corner of Linden and Baden. 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 regul ar meeting held on the 24th day of duly , 1996 by the following vote: AYES: Councilmembers Joseph A. Fernekes, Eugene R. Mullin, Robert Yee and Mayor Jack Drago NOES: None ABSTAIN: ABSENT: None Councilmember John R. Penna ATTEST: City Clerk