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<br />MINUTE ORDER <br />JOINT CITY COUNCIL <br />REDEVELOPMENT AGENCY MEETING <br /> <br />June 25. 2007 <br />MO. 07-115 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: June 26,2007 <br /> <br />Attention: City Attorney <br />Redevelopment Agency <br /> <br />SUBJECT: Final Acceptance of Downtown Retail-Cinema Streetscape <br />Improvements - City Counci//Redeve/olJment Aaencv Board <br /> <br />AGENDA ITEM: 6.28 (405) <br /> <br />Meeting of the Council of the City of Redwood City on June 25,2007. <br /> <br />Present: Council Members Aguirre, Bain, Hartnett, Howard, Ira, Vice Mayor Foust and <br />Mayor Pierce <br /> <br />Absent: None <br /> <br />The following motions were made, carried and entered on the Minutes <br /> <br />M/S Ira/Howard to accept the Downtown Retail-Cinema Streetscape <br />Improvements completed by BHV Innisfree Ventures, LLC, ("BHV"), release a <br />portion of the retention in the amount of $340,548.42, and authorize the <br />Community Development Services Director to release the remaining retention <br />amount of $100,000.00 upon resolution of outstanding allowance issues. <br /> <br />The motion passed by a unanimous roll call vote by all those present. <br /> <br />~~,:. i:., .~....'''- 1 <br />Patricia Howe <br />City Clerk <br />