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HomeMy WebLinkAboutRDA Reso 03-2011RESOLUTION NO. 03-2011 REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA. A RESOLUTION AUTHORIZING THE EXPENDITURE OF UP TO $ 187,500 IN TAX INCREMENT FLINDS TO PROVIDE REQUIRED LOCAL MATCHING FUND FOR AN MTC/ABAG FOCUS PROGRAM GRANT FOR PREPARATION OF A STATION AREA AND LAND USE PLAN FOR THE DOWNTOWN/CENTRAL PROJECT AREA. WHEREAS, the Redevelopment Agency of the City of South San Francisco (the "Agency") has responsibility for implementing the Redevelopment Plan for the Downtown/Central Redevelopment Project Area. (the "ProjE~ct Area"), pursuant to California Community Redevelopment Law, Health and Safety Code Section 33000 et seq. (the "CRL"); WHEREAS, the Agency Board has considered the staff report accompanying this Resolution, and has determined that it would be beneficial to participate in the Station Area and Land Use Planning Program, as described in the Staff Report; WHEREAS, the undertaking of planning activities as described in the Staff Report is consistent with the revitalization goals for the Project Area as set forth in the Redevelopment Plan adopted for the Project Area and the Implementation Plan adopted in connection therewith: NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco as follows: 1. The Agency hereby approves the expenditure of tax increment funds in an amount not-to- exceed $187,500 for the purpose of providing mandatory local cash matching funds for a grant from MTC/ABAG in the maximum amount of $750,000 for the preparation of a Station Area and Land Use Plan for the Downtown/Central Project Area. 2. The Executive Director of the Agency is authorized to execute such documents and take such actions as necessary to carry out the intent of this Resolution. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the Redevelopment Agency of the City of South San Francisco at a regular meeting held on the 9th day of February, 2011 by the following vote: AYES: Boardmembers Mark Addiego, Pedro Gonzales:, and Karyl Matsumoto, Vice Chair Richard A. Garbarino and Chairman Kevin Mullin NOES: None ABSTAIN: None ABSENT: None i~ TTEST: ~.~ City Clerk