HomeMy WebLinkAboutReso 32-1981RESOLUTION NO. 32-81
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION AUTHORIZING THE EXECUTION OF AN
OWNER PARTICIPATION AND DEVELOPMENT AGREEMENT
BY AND BETWEEN THE CITY OF SOUTH SAN FRANCISCO
AND HOMART DEVELOPMENT COMPANY
RESOLVED, by the City Council of the City of South San Francisco, that
WHEREAS, in furtherance of the objectives of the Community Redevelopment Law,
the Redevelopment Agency of the City of South San Francisco has undertaken a program
for the clearance and reconstruction or rehabilitation of slum and blighted areas in
the City, and in this connection is engaged in carrying out a redevelopment project
known as the Gateway Redevelopment Project (hereinafter referred to as "Project"), in
an area (hereinafter referred to as "Project Area"), located in the City; and
WHEREAS, in furtherance of the implementation of the Project, the Agency has
undertaken various redevelopment activities consisting of, inter alia, survey and
planning for the Project, administration, and the adoption of a preliminary redevelop-
ment plan, and contemplates further redevelopment activities consisting of, inter alia,
the adoption of a final redevelopment plan and the implementation thereof, and
WHEREAS, the Plan will provide for the participation in the redevelopment of
certain parcels of property in the Project Area by the owners thereof if such owners
agree to such participation in conformity with the Plan, and
WHEREAS, Homart Development Company is the owner of certain property situated
within the Project Area; and
WHEREAS, the Property, as hereinafter defined, will be developed for office,
hotel, commercial, research and development and ancillary uses, through a combination
of private and public improvements; and
WHEREAS, the City of South San Francisco must undertake a number of actions
relating to offsite improvements necessary for the project, including plan approval,
consideration of funding mechanisms, such as special assessment districts and the pro-
visions of general assistance to the Redevelopment Agency'
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San
Francisco that the Mayor is hereby authorized to enter into an Owner Participation and
Development Agreement in the form attached hereto as modified by Agreement between
Developer and City.
I hereby certify that the foregoing Resolution was regularly introduced and
adopted by the City Council of the City of South San Francisco at an adjourned regular
meeting held on the 19th day of March, 1981, by the following vote'
AYES' Councilmen Ronald G. Acosta, Mark N. Addiego, Gus Nicolopulos; and
Councilwoman Roberta Cerri Teglia_
NOES' None
ABSENT: Councilman Emanuele N. Damonte
ATTEST'
City Clerk