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Development Authority not to exceed $ 15 , 000 , 000, for the benefit of KDF <br /> Hallmark LP, to provide financing for the acquisition , rehabilitation , <br /> improvement, and equipping of a 72-unit multifamily rental housing project <br /> generally known as Hallmark House Apartments. Motion carried <br /> unanimously by electronic vote. <br /> B. Roosevelt Avenue Underground Utility District No. 2016-1 - Introduction <br /> of Ordinance and Public Hearing (804) <br /> 1 . Staff Report; <br /> 2. Open public hearing ; <br /> Mayor Seybert opened the public hearing . <br /> 3. Hear public comment - None <br /> 4 . Close public hearing ; <br /> M/S Gee/Borgens to close the public hearing . Motion carried <br /> unanimously by voice vote. <br /> 5 . Council discussion ; <br /> Recommendation : <br /> Waive first reading and introduce proposed Ordinance creating the <br /> Roosevelt Avenue Underground Utility District No. 2016- 1 and conduct <br /> Public Hearing and authorize the City Manager to approve all related <br /> agreements <br /> ORDINANCE ESTABLISHING AN UNDERGROUND UTILITY DISTRICT IN A <br /> PORTION OF THE CITY OF REDWOOD CITY; DESIGNATING SAID DISTRICT <br /> AS ROOSEVELT AVENUE UNDERGROUND UTILITY DISTRICT NO. 2016-1 ; <br /> DESCRIBING THE BOUNDARIES OF SAID DISTRICT; ESTABLISHING WHAT <br /> UTILITY FACILITIES WILL BE MAINTAINED ABOVE GROUND; AND <br /> ESTABLISHING THE TIME BY WHICH POLES AND OVERHEAD WIRES SHALL <br /> BE REMOVED AND UNDERGROUND SERVICE PROVIDED <br /> M/S Masur/Borgens to waive the first reading and introduce proposed <br /> Ordinance creating the Roosevelt Avenue Underground Utility District No. <br /> 2016-1 and conduct Public Hearing and authorize the City Manager to <br /> approve all related agreements . Motion carried unanimously by <br /> electronic vote. <br /> MINUTE ORDER 16-146 <br /> JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ July 25, 2016 <br /> PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 8 <br /> MINUTE BOOK NO. 66 <br /> Page No. 152 <br />