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AgdaPkt 2019-11-25 Joint SA PFA
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AgdaPkt 2019-11-25 Joint SA PFA
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Last modified
9/24/2020 9:24:15 AM
Creation date
11/21/2019 4:36:25 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
11/25/2019
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1
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Created:
11/21/2019 4:38 PM
Modified:
11/21/2019 4:38 PM
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http://www.redwoodcity.org/
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6.C. - Page 1 of 4 <br />/<�ik <br />Redwood <br />CitylCallifornia <br />Faunded 1867 <br />A,&/ <br />DATE: November 25, 2019 <br />SUBJECT <br />STAFF REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />Final Acceptance of construction improvements for 849 Veterans Boulevard and release of associated <br />bonds <br />RECOMMENDATION <br />By motion, accept the construction improvements for 849 Veterans Boulevard, and authorize the release <br />of the bonds. <br />STRATEGIC INITIATIVE <br />Housing <br />BACKGROUND <br />The project is a 6 -story, 90 -unit apartment building which includes seven affordable residential units. The <br />project fronts Veterans Boulevard and Main Street, with driveway access from both streets. On February <br />17, 2016, the Zoning Administrator held a duly -noticed public hearing and on March 3, 2016 approved the <br />Architectural Permit application and offsite improvements. The site formerly had approximately 17,000 <br />sq. ft. of office/commercial space with surface parking. On September 12, 2016, the City Council approved <br />the Landscape Maintenance Agreement, Stormwater Treatment Measures Maintenance Agreement, <br />Easement and Maintenance Agreement, and dedication of easements for the development, along with an <br />Affordable Housing Agreement. <br />Page 1 of 3 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />115 <br />
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