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HomeMy WebLinkAboutReso RDA 8-1999 RESOLUTION NO. 8-99 REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO STATE OF CALIFORNIA A RESOLUTION (1) AUTHORIZING THE ACQUISITION OF THE CAL WATER PROPERTY LOCATED AT THE CORNER OF MISSION ROAD AND CHESTNUT AVENUE, (2) AUTHORIZING NEGOTIATIONS FOR A LEASE OPTION OF PROPERTY LOCATED ON MISSION ROAD, (3) AUTHORIZING THE EXECUTIVE DIRECTOR TO EXECUTE AGREEMENTS NECESSARY TO OBTAIN APPRAISALS AND PHASE I ENVIRONMENTAL ANALYSIS FOR THE LAND ACQUISITION AND (4) AUTHORIZING THE EXECUTIVE DIRECTOR TO PREPARE AND EXECUTE A CONTRACT FOR PRE- DEVELOPMENT ACTIVITIES WITH BRIDGE HOUSING DEVELOPMENT CORPORATION IN AN AMOUNT NOT TO EXCEED $50,000 NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco that the Redevelopment Agency (1) authorizes the acquisition of the Cal Water Property located at the comer of Mission Road and Chestnut Avenue, (2) authorizes negotiations for a lease option of property located on Mission Road (3) authorizes the Executive Director to execute agreements necessary to obtain appraisals and phases 1 environmental analysis for the land acquisition and (4) authorizes the Executive Director to prepare and executive a contract for pre-development activities with Bridge Housing Development Corporation in an amount not to exceed $50,000. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the Redevelopment Agency of the City of South San Francisco at aRegular meeting held on the 26th day of }larch ,1999 by the following vote: AYES: Boardmembers Joseph A. Fernekes, Eugene R. liullin, and John R. Penna, Vice Chair Karyl 14atsumoto, and Chairman James L. Datzman. NOES: None. ABSTAIN: None. ABSENT: None.