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MINUTE ORDER <br /> CITY COUNCIL MEETING <br /> <br /> Au.qust ~11, 2003 <br /> MO, 03-193 <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: August 12, 2003 <br /> <br />Attention: City Attorney <br /> Economic Development Dept. <br /> <br />SUBJECT: Construction and Reimbursement Agreement for site clearing <br /> to begin Underground Public Parking Garage in the Downtown <br /> area <br /> <br />AGENDA ITEM: 6.1 J <br /> <br />Meeting of the Council of the City of Redwood City on August 11,2003. <br /> <br />Present: Council Member Hartnett, Howard, Jordan, Pierce, Vice Mayor Ira <br />and Mayor Claire <br /> <br />Absent: Council Member Ruskin <br /> <br />The following motion was made, carried and entered on the Minutes <br /> <br />M/S Hartnett/Howard <br /> <br />1. Authorize the City Manager and the Redevelopment Manager to execute a <br />Construction and Reimbursement Agreement (the Site Clearing Agreement) with <br />BHV Innisfree Ventures I, LLC, developers of the Downtown Retail-Cinema <br />project, for abatement and demolition of existing buildings and coordination of <br />utility relocations. <br /> <br />2. Appropriate $1.22M for the above from the $20M loan from the City to the <br />Agency which will be paid back to the City from the Redevelopment Agency's <br />bond as part of the Downtown Funding Plan. <br /> <br />The motion passed by a majority roll call vote, with Vice Mayor Ira abstaining, <br />due to a conflict of interest. <br /> <br />Patricia S. Howe <br />City Clerk <br /> <br /> <br />