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Agenda 2003-03-24 Rdev
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Agenda 2003-03-24 Rdev
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Last modified
7/5/2005 2:40:05 PM
Creation date
7/18/2003 10:57:27 AM
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CC Index
CC Index - Document Type
Agenda
Agency Type
Redevelopment
Date
3/24/2003
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_ Vice Chairperson Ira to abstain on the following Consent Calendar items <br /> <br /> MOTION: waive reading of the Consent Calendar except the ordinances by title, adopt <br /> the resolutions and the ordinances, and approve other items. <br /> <br /> C. First Amendment to the construction and Reimbursement Agreement for <br /> Relocation of a Reinforced concrete box culvert in the Downtown area and <br /> appropriation of funds for the Culvert Relocation. <br /> <br /> Staff contact: Pat Webb, Economic Dev. Coordinator 780-7293 patwebb~,redwoodcit¥.orq <br /> <br /> A RESOLUTION OF THE CiTY OF REDWOOD CITY REDEVELOPMENT <br /> AGENCY APPROPRIATING THE SUM OF THREE MILLION SEVEN HUNDRED <br /> THOUSAND DOLLARS ($3,700,000) FOR THE COST OF RELOCATING AND <br /> CONSTRUCTING A REINFORCED CONCRETE BOX CULVERT IN THE <br /> DOWNTOWN AREA. <br /> <br /> D. Downtown Culvert Reimbursement Agreement <br /> <br /> Staff contact: Brian Ponty, Director of Finance and Financial Planning, and Assistant City <br /> Manager 780-7048 bpont¥(~,,redwoodcit¥.orq <br /> <br /> Recommendation <br />-- It is recommended that the Redevelopment Agency adopt a resolution that will <br /> preserve the Agency's ability to finance the culvert relocation project with tax <br /> exempt debt. <br /> <br /> A RESOLUTION DECLARING THE OFFICIAL INTENT TO REIMBURSE <br /> EXPENDITURES FROM THE PROCEEDS OF TAX EXEMPT SECURITIES <br /> <br /> 5. GENERAL <br /> <br /> A. Hearing for the Relocation Plan for the Downtown Underground Public Parking <br /> Garage and the Retail-Cinema Project and appropriate funds for the relocation. <br /> <br /> Staff contact: Pat Webb, Economic Dev. Coordinator 780-7293 patwebb~,,redwoodcity.or,q <br /> <br /> Recommendation <br /> Approve the Relocation Plan dated February 2003 and authorize the <br /> Redevelopment Agency to proceed with the relocation efforts and to provide <br /> relocation assistance to all tenants in the project area. <br /> <br /> 6. ADJOURNMENT <br /> <br /> REDEVELOPMENT AGENCY MEETING March 24, 2003 <br /> AGENDA PAGE 2 <br /> <br /> <br />
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