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MINUTE ORDER <br />JOINT CITY COUNCIL / SUCCESSOR AGENCY BOARD <br />PUBLIC FINANCING AUTHORITY MEETING <br />March 25, 2019 <br />MO. 19-051 <br />CITY CLERK DEPARTMENT <br />Redwood City <br />Date: March 25, 2019 <br />Attention: City Attorney <br />Community Development Director <br />**hard copy available upon request" <br />SUBJECT: Provide support for Waverly Place Apartments Affordable Housing <br />Project by allowing repayment of city loans for pre -development activities to occur <br />after payment of final project loans <br />AGENDA ITEM: 6.D. (304) <br />Meeting of the Joint City Council/Successor Agency Board/Public Financing Authority <br />Meeting on March 25, 2019. <br />Present: Council Members Aguirre, Borgens, Hale, Howard, Masur, Reddy, and Mayor Bain <br />M/S Howard/Masur to approve loan subordination requests for loans from the City to the <br />Mental Health Association of San Mateo County and authorize the City Manager to execute <br />the subordination agreements. <br />Motion passes unanimously by electronic vote. <br />6;;;VZ1 <br />Pamela Aguilar, CMC <br />City Clerk <br />