Laserfiche WebLink
MINUTE ORDER <br />JOINT CITY COUNCIL / SUCCESSOR AGENCY BOARD <br />PUBLIC FINANCING AUTHORITY MEETING <br />December 20, 2021 <br />MO. 21-232 <br />CITY CLERK DEPARTMENT <br />Redwood City <br />Date: December 21, 2021 <br />Attention: City Attorney <br />Assistant City Manager <br />**hard copy available upon request** <br />SUBJECT: Second Addendum to the Loan Agreement with HIP Housing Development <br />Corporation for acquisition and preservation of seven affordable housing <br />units at 1512 Stafford Street <br />CONSENT ITEM: 6.K. (304) <br />Meeting of the Joint City Council/Successor Agency Board/Public Financing Authority Meeting on <br />December 20, 2021. <br />Present: Council Members Aguirre, Espinoza-Garnica, Gee, Howard, Reddy, Smith and Mayor <br />Hale. <br />Motion and second, Aguirre and Espinoza-Garnica to approve the Second Addendum to the Loan <br />Agreement with HIP Housing Development Corporation for funds to acquire 1512 Stafford Street <br />for the preservation of affordable housing and authorize the City Manager to execute the Second <br />Addendum to the Loan Agreement, subject to any minor, clarifying and conforming changes <br />approved by the City Attorney, and to take all actions necessary to carry out the Second <br />Addendum to the Loan Agreement. <br />Motion passes 7-0 by roll call vote. <br />Pamela Aguilar, CMC <br />City Clerk <br />