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<br />MINUTE ORDER <br />CITY COUNCIL MEETING <br /> <br />January 24. 2005 <br />MO. 05-13 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: <br /> <br />January 25, 2005 <br /> <br />Attention: <br /> <br />City Attorney <br />Redevelopment Agency <br />Finance Department <br /> <br />SUBJECT: Loan Agreement between the City of Redwood City and the <br />Redevelopment Agency <br /> <br />AGENDA ITEM: 7 A (405) <br /> <br />Meeting of the Council of the City of Redwood City on January 24, 2005. <br /> <br />Present: Council Member Bain, Foust, Hartnett, Howard, Pierce, <br />and Mayor Ira <br /> <br />Absent: None <br /> <br />The following motion was made, carried and entered on the Minutes <br /> <br />MIS FousUHoward To approve a loan agreement under which the City will lend the <br />Redwood City Redevelopment Agency (Agency) $3,000,000.00 to finance various <br />downtown improvements. <br /> <br />The motion passed by a unanimous voice vote by all those present. <br />.~) <br />~#.~~~~ J ~ .~~~~ ) <br /> <br />Patricia S. Howe <br />City Clerk <br />