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HomeMy WebLinkAboutReso RDA 9-2003RESOLUTION NO. RDA 09-2003 REDEVELOPMENT AGENCY, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION RECOMMENDING THE AGENCY BOARD APPROVE A LOAN NOT TO EXCEED $100,000 TO THE ROYAL THEATER GROUP FOR THE REMODEL OF THE BUILDING LOCATED AT 211 LINDEN AVENUE WHEREAS, staff recommends that the Agency Board approve a loan, not to exceed $100,000, to the Royal Theater Group for the remodel of the building located at 211 Linden Avenue, the new home for Group 4 Architecture; and NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of the City of South San Francisco that the Agency Board approves a loan not to exceed $100,000 to the Royal Theater Group for the remodel of the building located at 211 Linden. BE IT, FURTHER RESOLVED that the Executive Director is hereby authorized to execute the loan agreement on behalf of the Redevelopment Agency 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 10th of December 2003 by the following vote: AYES: Boardmembers Joseph A. Femekes, Richard A. Garbarino, and Pedro Gonzalez, Vice Chair Raymond L. Green and Chair Karyl Matsumoto NOES: None. ABSTAIN: None. ABSENT: None. Deputy Clerk