HomeMy WebLinkAboutReso RDA 8-2001 RESOLUTION 08-2001
REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO,
STATE OF CALIFORNIA
A RESOLUTION AUTHORIZING THE EXECUTION OF THE
NECESSARY DOCUMENTS FOR A LOAN TO THE FLOW
BUILDING IN AN AMOUNT NOT TO EXCEED $100,000
WHEREAS, it is recommended that the City Council authorize the execution of
required documents to make available the CDBG loan of $100,000; and
WHEREAS, the owner of the Flow Building located at 381-385 Grand Avenue is
undertaking a seismic retrofit and faffade improvement of the approximately 1940's
structure which houses three businesses; and
WHEREAS, the owner has worked with City staff to determine the best
construction methods for the seismic work and to ascertain updated code requirements to
be incorporated into the working drawings for this major renovation; and
WHEREAS, this undertaking will complete the seismic retrofit of one of the last
remaining unreinforced masonry buildings in the downtown business district.
NOW THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the
City of South San Francisco that the Redevelopment Agency hereby authorizes the
execution of the necessary documents for a loan to the Flow Building in an amount not to
exceed $100,000 matching grant.
BE IT FURTHER RESOLVED, that the Redevelopment Agency hereby
authorizes the Executive Director to execute the necessary documents for a loan to the
Flow Building on behalf of the City of South San Francisco.
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 12th day of December, 2001 by the following vote:
AYES: Boardmembers, Joseph A. Femekes, Raymond L. Green and Karyl
Matsumoto, Vice-Chair Pedro Gonzalez and Chairman Eugene R. Mullin
NOES: None.
ABSTAIN: None.
ABSENT: None.