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________________________________________________________________________________________________ <br />JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ September 25, 2017 <br />PUBLIC FINANCING AUTHORITY MEETING AGENDA PAGE 4 <br /> Recommendation: <br /> 1. Adopt a “Resolution of the City Council of the City of Redwood City <br />Approving the Adoption of the Public Agencies Post-Employment <br />Benefits Trust Administered by Public Agency Retirement Services <br />(PARS)”, <br />2. Approve an initial deposit to the Trust of $8.8 million; <br />3. Appoint the City Manager, or her successor or designee, as the City’s <br />Plan Administrator for the Trust Program; <br />4. Approve and authorize the City Manager to execute an “Agreement <br />for Professional Services” between PARS and the City of Redwood <br />City to administer the Trust; and <br />5. Approve and authorize the City Manager, or her designee, to invest <br />the Trust funds in the “Moderately Conservative” portfolio <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />APPROVING THE ADOPTION OF THE PUBLIC AGENCIES POST- <br />EMPLOYMENT BENEFITS TRUST ADMINISTERED BY PUBLIC AGENCY <br />RETIREMENT SERVICES (PARS) <br /> <br /> B. Bradford Street Disposition and Development Agreement with MidPen <br />Housing <br /> <br /> Staff contact: Rhonda Coffman, Housing & Grants Manager 780-7299 <br />rcoffman@redwoodcity.org <br /> <br /> Recommendation: <br /> Adopt a resolution approving a Disposition and Development Agreement <br />between the City of Redwood City and MidPen Housing for the development <br />of affordable housing, a childcare center and a creekside trail on real <br />property currently owned by the City and authorize the City Manager to <br />execute the agreement and related documents <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY <br />APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE A <br />DISPOSITION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY OF <br />REDWOOD CITY AND MP BRADFORD ASSOCIATES, L.P. FOR 707 <br />BRADFORD STREET <br /> <br /> C. Approve Extension of Negotiation Timelines in the San Carlos <br />Agreement for Fire and Emergency Services <br /> <br /> Staff contact: Veronica Ramirez, City Attorney 780-7202 vramirez@redwoodcity.org <br /> <br /> Recommendation: <br />Adopt a Resolution authorizing the City Manager to extend the negotiation <br />timelines set forth in the Amended and Restated Agreement between the <br />Cities of San Carlos and Redwood City for Fire and Emergency Services <br />