HomeMy WebLinkAboutRDA Minutes 1985-03-20 MINUTES
THE REDEVELOPMENT AGENCY OF THE
CITY OF SOUTH SAN FRANICSCO
ADJOURNED REGULAR MEETING
March 20, 1985
TIME: 6:30 p.m.
PLACE: City Hall Conference Room, 400 Grand Avenue, South San Francisco, CA
CALL TO ORDER: Chairman Richard A. Haffey called the South San Francisco Redevelopment
Agency meeting to order at 6:30 p.m.
ROLL CALL: Present: Chairman Richard A, Haffey, Vice Chairperson Roberta Cerri Teglia,
Member Mark N. Addiego, Member Emanuele N. Damonte, r~ember Gus
Nicolopu~os
Also Present: Executive Director C. Walter Birkelo
AGENDA REVIEW: Executive Director Birkelo stated that there was nothing to add or delete
from the agenda.
ESOLUTION: Executive Director Birkelo informed the Board that this resolution was to
SREEMENT WITH enter into an agreement with Bartle Wells to provide financial services in
~ARTLE-WELLS & connection with the refunding of $6.5 million worth of outstanding notes.
ASSOC. FOR Discussion followed concerning the role of the City Treasurer and the
FINANCIAL services he would perform in terms of paying agents and/or trustee. After
CONSULTING discussion, it was motioned by Member Damonte and seconded by Member
SERVICES:A, Nicolopulos that the resolution be adopted. The resolution is entitled
"A RESOLUTION ACCEPTING THE PROPOSAL OF BARTLE WELLS ASSOCIATES FOR
PROFESSIONAL SERVICES IN CONNECTION WITH THE SALE OF TAX ALLOCATION BONDS."
REPORT ON Executive Director Birkelo stated that the discussion of this matter
STATUS OF deals with strageties and negotiations with .the County, therefore, he
U.S. STEEL requeststhat they be discussed in closed session.
SITE REDEV-
ELOPMENT
PROJECT:
CLOSED Chairman Haffey called a closed session of the Board at 8:18 p.m.
SESSION:
MEETING The Redevelopment Agency meeting reconvened at 8:48 p,m.
RECONVENED: In the closed session, matters of potential litigation was discussed.
Executive Director Birkelo asked the Chairman to consider appointing a
Subcommittee for negotiations. Member Damonte and Chairman Haffey would
serve as Subcommittee Members,
ADJOURNMENT: It was motioned by Member Damonte and seconded by Member Addiego that the
meeting be adourned, The motion as made and seconded was unanimously
carried.
Time of adjournment 8:52 p,m,
Respectfully submitted,
C. Wa~er ~irke~o
Executive Director/Secreta~ APPROVED:
Ri ch ~i rman
Redevelopment Agen~f the
City of South San Fr~sico
Entries of the Redevelopment Agency meeting show the action taken by the Board to dispose
of the item. Oral presentations, arguments, and comments are recorded on tape. The tape
and documents related to the item are on file in the office of the City Manager and available
___for inspection, review and copying.
3/20/85
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