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CC MIN 2015-11-09
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CC MIN 2015-11-09
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Last modified
6/2/2016 12:57:42 PM
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6/2/2016 12:57:42 PM
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CC Index
CC Index - Document Type
Minutes
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
11/9/2015
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By motion, accept the 2013-2014 Slurry Seal Project, and authorize the <br /> release of bonds and the retention according to city procedures. <br /> MINUTE ORDER 15-190 <br /> 3. Section - Resolution(s) <br /> A. Mezes Court Associates Loan Modification (Housing Successor <br /> Agency) (455) <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 /> RESOLUTION NO. 15455 OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br /> CITY AS 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 /> B. Mezes Court Associates Loan Modification (Successor Agency) (455) <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 /> RESOLUTION NO. 15-02 OF THE SUCCESSOR AGENCY TO THE REDWOOD <br /> CITY REDEVELOPMENT AGENCY APPROVING AND AUTHORIZING AN <br /> OMNIBUS AMENDMENT TO LOAN MODIFICATION BY AND AMONG THE CITY <br /> OF 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 /> 4. Section - Ordinance(s) - First Reading/lntroduction ,,,,� <br /> � <br /> JOINT CITY COUNCIUSUCCESSOR AGENCY BOARD/ November 9, 2015 <br /> PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 4 <br /> MINUTE BOOK NO. 66 <br /> Page No. 30 <br />
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