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________________________________________________________________________________________________ <br />JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ June 26, 2017 <br />PUBLIC FINANCING AUTHORITY MEETING AGENDA PAGE 7 <br /> preservation of affordable housing and authorize the City Manager to <br />execute the Agreement, subject to any minor, clarifying and <br />conforming changes approved by the City Attorney, and to take all <br />actions necessary to carry out the Agreement, including execution of <br />a Subordination of Deed of Trust, an Intercreditor Agreement, and <br />any other documents necessary to complete the transaction; <br />2. Adopt a resolution establishing a loan of the sum of $373,981 from <br />the Redwood City General Fund (No. 150) to the Redwood City <br />Affordable Housing Fund (No. 299) <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />ESTABLISHING A LOAN OF THE SUM OF $373,981 FROM THE REDWOOD <br />CITY GENERAL FUND (NO. 150) TO THE REDWOOD CITY AFFORDABLE <br />HOUSING FUND (NO. 299) FOR 1512 STAFFORD STREET AFFORDABLE <br />HOUSING PROJECT <br /> <br /> 4. Section - Ordinance(s) <br /> <br /> A. Resolution and Ordinance to amend contract betw een the Board of <br />Administration of the California Public Employees' Retirement System <br />(CalPERS) and the City of Redwood City <br /> <br /> Staff contact: Leah Lockhart, Human Resources Manager 780-7288 <br />llockhart@redwoodcity.org <br /> <br /> Recommendation: <br />(1) Adopt a Resolution of Intention to approve an amendment to the <br />contract between the Board of Administration of the California Public <br />Employees' Retirement System (CalPERS) and the City Council of <br />the City of Redwood City; <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br />CITY OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT <br />BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC <br />EMPLOYEES’ RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE <br />CITY OF REDWOOD CITY <br /> <br />(2) Introduce and waive the first reading of an ordinance authorizing an <br />amendment to the contract between the City Council of Redwood City <br />and the Board of Administration of the California Public Employees' <br />Retirement System to provide Section 20516(a) "Employee Sharing <br />Cost of Additional Benefits" for Tier 1 and Tier 2 membe rs of the <br />Chief Officers Association (COA) bargaining unit; and <br /> <br />ORDINANCE OF THE CITY OF REDWOOD CITY AUTHORIZING AN <br />AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL OF <br />THE CITY OF REDWOOD CITY AND THE BOARD OF ADMINISTRATION <br />