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<br />________________________________________________________________________________________________ <br />JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ November 9, 2015 <br />PUBLIC FINANCING AUTHORITY MEETING AGENDA PAGE 4 <br /> A. Mezes Court Associates Loan Modification (Housing Successor <br />Agency) <br /> <br /> Staff contact: Rhonda Coffman, CDBG/HOME Administrator 780-7299 <br />rcoffman@redwoodcity.org <br /> <br /> Recommendation: <br /> Adopt a resolution approving a loan modification, including prepayment of <br />the RDA General outstanding principal and accrued interest and extension <br />of the remaining RDA Low Mod loan term, by that certain Omnibus <br />Amendment to Loan Documents by and among the City of Redwood City as <br />housing successor agency to the Redwood City Redevelopment Agency <br />(RDA), the Successor Agency, Mezes Court Associates, a California Limited <br />Partnership and a To Be Formed Limited Partnership and authorizing the <br />City Manager to execute and file all documents necessary to effectuate the <br />loan modification. <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AS <br />HOUSING SUCCESSOR AGENCY TO THE REDWOOD CITY <br />REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING AN OMNIBUS <br />AMENDMENT TO LOAN MODIFICATION BY AND AMONG THE CITY OF <br />REDWOOD CITY AS HOUSING SUCCESSOR AGENCY TO THE REDWOOD <br />CITY REDEVELOPMENT AGENCY, THE SUCCESSOR AGENCY, MEZES <br />COURT ASSOCIATES AND A TO BE FORMED LIMITED PARTNERSHIP <br /> <br /> B. Mezes Court Associates Loan Modification (Successor Agency) <br /> <br /> Staff contact: Rhonda Coffman, CDBG/HOME Administrator 780-7299 <br />rcoffman@redwoodcity.org <br /> <br /> Recommendation: <br /> Adopt a resolution approving a loan modification, including prepayment of <br />the RDA General outstanding principal and accrued interest, by that certain <br />Omnibus Amendment to Loan Documents by and among the City of <br />Redwood City as housing successor agency to the Redwood City <br />Redevelopment Agency (RDA), the Successor Agency, Mezes Court <br />Associates, a California Limited Partnership and a To Be Formed Limited <br />Partnership and authorizing the City Manager to execute and file all <br />documents necessary to effectuate the loan modification. <br /> <br /> RESOLUTION OF THE SUCCESSOR AGENCY TO THE REDWOOD CITY <br />REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING AN OMNIBUS <br />AMENDMENT TO LOAN MODIFICATION BY AND AMONG THE CITY OF <br />REDWOOD CITY AS HOUSING SUCCESSOR AGENCY TO THE REDWOOD <br />CITY REDEVELOPMENT AGENCY, THE SUCCESSOR AGENCY, MEZES <br />COURT ASSOCIATES AND A TO BE FORMED LIMITED PARTNERSHIP <br /> <br /> 4. Section - Ordinance(s) - First Reading/Introduction <br /> <br /> <br />