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<br />3. the Agency Board approve a resolution authorizing submittal of an <br />application for funding to the County of San Mateo Housing Department to <br />assist in project costs. <br /> <br />RESOLUTION AUTHORIZING SUBMISSION OF AN APPLICATION FOR THE EL <br />CAMINONERA STREET WORKFORCE HOUSING PROJECT TO THE SAN <br />MATEO COUNTY OFFICE OF HOUSING FOR CDBG FUNDING FOR FISCAL <br />YEAR 2005/06 IN AN AMOUNT UP TO FIVE HUNDRED THOUSAND DOLLARS <br />($500,000) TO PARTIALLY FUND THE PROJECT CONSTRUCTION AND <br />DESIGNATING DEBBIE JONES-THOMAS, HOUSING COORDINATOR, AS THE <br />CONTACT PERSON <br /> <br />7. STAFF REPORTS <br /> <br />A. Loan Agreement between the City of Redwood City and the Redevelopment <br />Agency - City Council and Redevelopment Agency <br /> <br />Staff contact: Susan Moeller, Redevelopment Manager <br />780- 7290 smoellerlB>.redwoodcitv.ora <br /> <br />Recommendation <br />It is recommended that the City Council and the Redevelopment Agency Board <br />approve a loan agreement under which the City will lend the Redwood City <br />Redevelopment Agency (Agency) $3,000,000.00 to finance various downtown <br />improvements. <br /> <br />**Motion to adjourn the Redevelopment Agency Meeting** <br /> <br />CITY COUNCIL, REDEVELOPMENT AGENCY, AND <br />PUBLIC FINANCING AUTHORITY JOINT MEETING AGENDA <br /> <br />JANUARY 24, 2005 <br />PAGE 5 <br />