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HomeMy WebLinkAboutRDA Minutes 2011-05-11 I .p ‘),IN S O , MINUTES H 6 __ ,,, REGULAR MEETING ° REDEVELOPMENT AGENCY o " 4c►FOR; CITY OF SOUTH SAN FRANCISCO MUNICIPAL SERVICES BUILDING COMMUNITY ROOM WEDNESDAY, MAY 11, 2011 CALLED TO ORDER: 6:33 p.m. ROLL CALL: Present: Boardmembers: Addiego, Gonzalez and Matsumoto, Vice Chairman Garbarino and Chairman Mullin. Absent: None. AGENDA REVIEW None. PUBLIC COMMENTS None. CONSENT CALENDAR 2. Motion to approve the minutes of April 13, 2011 and April 27, 2011. 3. Motion to approve expense claims of May 11, 2011. Motion— Boardmember Addiego /Second— Vice Chairman Garbarino: to approve the Consent Calendar. Unanimously approved by voice vote. ADMINISTRATIVE BUISNESS 4. Resolution No. 20 -2011 authorizing the Executive Director to Execute an Agreement with the County of San Mateo to prepay the Redevelopment Agency of South San Francisco's Share of a Multi -Year property Tax Settlement between the County of San Mateo and Genentech Inc. Director of Finance Steele advised Genentech and the County of San Mateo had reached a multi -year settlement. Based on the settlement terms staff was recommending a prepayment of $7 million dollars. He explained approval from Genentech was outstanding, but a savings might accrue based upon prepayment irrespective of the approval. Motion— Boardmember Gonzalez /Second— Vice Chairman Garbarino: to approve Resolution No. 20 -2011. Unanimously approved by voice vote. CLOSED SESSION 5. Real Property Negotiations (Pursuant to Government Code Section 54956.8) Agency Negotiator: Marty Van Duyn related to: 315 -321 Airport Blvd. Owner: The Gonzalez Family Trust 401 Airport Blvd. Owner: The Gonzalez Family Trust 411 Airport Blvd. Owner: The Gonzalez Family Trust 421 Airport Blvd. Owner: The Gonzalez Family Trust 216 Miller Avenue Owner: The Gonzalez Family Trust 405 Cypress Avenue Owner: The Gonzalez Family Trust Time entered Closed Session: 6:40 p.m. Open Session resumed: 6:55 p.m. Report out of Closed Session by Chairman Mullin: Direction given. ADJOURNMENT Being no further business, Chairman Mullin adjourned the meeting at 6:55 p.m. l o tted by A p ved: l / t la 's.. Joy Martine li, ' Jerk evin Mul in, Chairman City o : . th San Fr: ncisco City of South San Francisco REGULAR REDEVELOPMENT AGENCY MEETING MAY 11, 2011 MINUTES PAGE 2