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Recommendation: <br />1. That the City /Agency approve a Pre - Construction Design Services and <br />Reimbursement Agreement with BHV Innisfree Ventures I, LLC, developers of the <br />Downtown Retail- Cinema project, for design of an underground public parking <br />garage beneath the retail- cinema project and authorize the City Manager and the <br />Redevelopment Agency Executive Director to execute same. <br />2. That the Agency approve by resolution the appropriation of $650,000 for the <br />pre- construction design services for the underground public parking garage from <br />the Redevelopment Agency budget. These funds are part of the $20 million loan <br />from the City to the Agency that will be paid back from a future Redevelopment <br />Agency Bond issuance. <br />A RESOLUTION OF THE CITY OF REDWOOD CITY REDEVELOPMENT AGENCY <br />APPROPRIATING THE SUM OF SIX HUNDRED FIFTY THOUSAND DOLLARS <br />($650,000) FOR THE COST OF PRE - CONSTRUCTION DESIGN SERVICES FOR THE <br />UNDERGROUND PUBLIC PARKING GARAGE LOCATED ON A SITE WHICH IS <br />BOUNDED BY MIDDLEFIELD, JEFFERSON AND BROADWAY, IN THE CITY OF <br />REDWOOD CITY. <br />6. ADJOURNMENT <br />*SPEAKERS, ATTENTION: Speaker's cards are on the rostrum. If you wish to speak, <br />please complete the card and give it to Agency Volunteer Art Balsamo (seated to the <br />left of the Agency Board Members). The Chairman will recognize you at the <br />appropriate time when your item is under consideration by the Agency. If your item is <br />not on the agenda, the Chairman will recognize you during the Oral Communications <br />portion of the Agency meeting. Please keep your comments to 3 minutes to allow for <br />others to speak. <br />ALTERNATE AGENDA FORMATS: In accordance with AB 3035, the Agency will <br />provide materials in appropriate alternative formats, or disability - related <br />accommodation. Please send a written request to Patricia S. Howe, City Clerk, at 1017 <br />Middlefield Road, Redwood City, CA 94063 or e-mail address phowe@redwoodcity.org <br />including your name, address, phone number and brief description of the requested <br />materials and preferred alternative format or auxiliary aid or service at least seven <br />calendar days before the meeting. <br />REDEVELOPMENT AGENCY MEETING May 12, 2003 <br />AGENDA PAGE2 <br />