HomeMy WebLinkAboutReso 99-1985 RESOLUTION NO. 99 -85
CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA
A RESOLUTION APPROVING THE ISSUANCE
OF 1985 TAX ALLOCATION REFUNDING NOTES
FOR THE GATEWAY REDEVELOPMENT PROJECT BY THE
REDEVELOPMENT AGENCY OF THE CITY OF SOUTH SAN FRANCISCO
WHEREAS, the Redevelopment Agency of the City of South San Francisco
proposes the issuance and sale of approximately $7,000,000 of Tax Allocation
Refunding Notes, to provide refinancing for the Gateway Redevelopment Project;
and
WHEREAS, said proposal has been reviewed and considered by this Council;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South
San Francisco that:
1. Approval is hereby given to the Redevelopment Agency of the City of
South San Francisco to issue not to exceed $7,000,000 of Tax Allocation
Refunding Notes, of the Redevelopment Agency of the City of South San
Francisco.
2. The City Clerk shall transmit a copy of this resolution to the
Secretary of said Agency.
I hereby certify that the foregoing Resolution was regularly introduced
and adopted by the City Council of South San Francisco at a regular meeting
held on the 22nd day of May , 1985, by the following vote:
AYES:
NOES:
Councilmembers Mark N. Addiego, Emanuele N. Damonte, Richard A.
Haffey, Gus Nicolopulos; and Roberta Cerri Teglia
None
ABSENT: None