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<br />'~ <br /> <br />~Iœ MAY,,", """"T1J'I C. BAITSCHGI <br /> <br />~ <br />Redwood <br />Gitu 011l1lil'1li. <br />ll'I.""1I81 <br />~ <br /> <br />MINUTES <br />CITY COUNCIL <br /> <br />MAY,,", .... O. STANGEL <br /> <br />CO""'I"...... <br />_10 BIAGI <br /> <br />BOARD Of SUPERVISORS CHAMBERS <br />401 MARSHALL STREET <br /> <br />RœERT ". 8LRY <br />R!CI-iAAD $. CUI"" <br /> <br />""ISCIL.U M. - <br />9!u. ",""",S <br /> <br />May 17, 1982 <br /> <br />AGE N D A <br /> <br />ACT ION <br /> <br />TAKEN <br /> <br />Regular Meeting - 7:30 P.M. <br />CALL TO ORDER <br /> <br />Regular Meeting <br /> <br />7: 30 p. m. <br /> <br />Mayor Stangel presiding <br /> <br />Councilmen present: Biagi, Britschgi, Bury, <br />Claire, Mosher, Rhodes and Mayor Stangel <br /> <br />Councilmen absent: <br /> <br />None <br /> <br />Officials and staff present: Smith, <br />Schricker, Hildebrand and Addiego, Schroeter, <br />Mott, Bold, O'Brien <br /> <br />PLEDGE OF ALLEGIANCE <br /> <br />Councilman Mosher <br /> <br />INVOCATION - Pastor Steve Rice <br />Grace Bible Church <br /> <br />Pastor Rice <br /> <br />APPROVAL OF MINUTES - <br />Interview Session, May 10, 1982 <br />City Council, May 10, 1982 <br /> <br />MIS: Britschgi/Mosher to approve. as <br />submitted the Minutes of the Interview <br />Session of May 10, 1982. <br />Carried unanimously by voice vote, Councilmen <br />Biagi, Bury, Claire and Rhodes abstaining. <br /> <br />MIS: Bury/Rhodes to approve as submitted the <br />Minutes of the City Council meeting of <br />5/10/82. <br />Carried unanimously by voice vote, Councilman <br />Claire abstaining. <br /> <br />------------------------------------------------- ---------------------------------------------- <br /> <br />PUBLIC HEARINGS <br /> <br />PUBLIC HEARINGS <br /> <br />1. Public Hearing - Planning Commission <br />recommendation on a proposed ordinance <br />authorizing execution of a development <br />agreement between the City of Redwood <br />CitylGeneral Improvement District No. 1-64 <br />and Redwood Shores, Inc., to provide a <br />method of financing public improvements for <br />General Improvement District No. 1-64 <br /> <br />Planning Commission record transmitted <br />5/3182 <br />Report of City Manager 4/1/82 <br /> <br />Affidavit of Publication of Notice of Hearing <br />reported on file. <br /> <br />Mayor Stangel declared open 7:45 p.m. <br /> <br />ORDINANCE APPROVING AND AUTHORIZING <br />EXECUTION OF DEVELOPMENT AGREEMENT WITH <br />REDWOOD SHORES (GID 1-64); THEREBY <br />ESTABLISHING FACILITIES CHARGE <br /> <br />AMENDMENT: MIS: Biagi/Rhodes to amend the proposed agreement regarding <br />the basis for computation of interest, Paragraph 5(b), substituting the <br />Treasury Bill rate for "rate charged by the San Francisco Main Branch of <br />Bank of America to its most credit-worthy customers (Prime Rate)." <br /> <br />Reg. Mtg. <br />5/17/82 <br /> <br />/' <br />./ <br /> <br />.3f3 <br /> <br />._-_...:-~..~- <br /> <br />._-_.._-~_.~..~--~-- . <br />