HomeMy WebLinkAboutReso RDA 16-1999 RESOLUTION NO. 16-99
REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO,
STATE OF CALIFORNIA
A RESOLUTION APPROVING A PURCHASE AND SALE
AGREEMENT FOR THE ACQUISITION OF PROPERTY LOCATED
AT 905 LINDEN AVENUE AND AUTHORIZING THE EXECUTIVE
DIRECTOR TO EXECUTE SAME
WHEREAS, the City Council of the City of South San Francisco adopted the
Redevelopment Plan for the Downtown/Central Project Area on July 12, 1989, which Plan
authorizes the Redevelopment Agency to acquire property in the Project Area for redevelopment
purposes; and
WHEREAS, at its meeting of May 5, 1999, the Redevelopment Agency authorized
Agency Counsel to make an offer to acquire the property located at 905 Linden Avenue
("Property"), based on appraised value, which offer was made 'and accepted; and
WHEREAS, the Property has been operated as a gas station, including Several
underground storage tanks, which use resulted in some contamination of soil and groundwater;
and
WHEREAS, the property owner has successfully remediated the contaminated soil to the
satisfaction of the San Mateo County Environmental Health Division, but some residual
contamination remains in the groundwater, which will not prevent the Agency's redevelopment
of the Property; and
WHEREAS, the Agency will, for its own convenience, implement the groundwater
monitoring and remediation activities needed to receive a Letter of Closure from the County for
the Property, with the Agency's costs to be reimbursed from the California State Underground
Storage Tank Cleanup Fund.
NOW, THEREFORE, BE IT RESOLVED that the Redevelopment Agency of the City of
South San Francisco hereby approves the Purchase and Sale Agreement ("Agreement") between
the Redevelopment Agency of the City of South San Francisco and Jose A. Montes and Maria G.
Montes, Trustees of the Montes Family Revocable Trust, attached hereto as Exhibit "A" at a
purchase price not to exceed $477,500.
BE IT FURTHER RESOLVED that the Executive Director is authorized to execute the
Agreement on behalf of the Agency and record the Certificate of Acceptance.
I hereby certify that the foregoing Resolution was regularly introduced and adopted by the
Redevelopment Agency of the City of South San Frhncisco at a reaul ar' meeting held
on the 22 day of September, 1999 by the following vote:
AY}~S: Boardmembers Joseph A. Fernekes, Euaene R. Mull in and John R. Penna
Vice Chair Matsumoto and May~r ,]am~.~ I. Dat7man
NOES: None.
ABSTAIN: None.
ABSENT: None.
'T.J%,o ~ L,l Clerk
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