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<br />DES:dfr <br /> <br />2/4/93 (006/31) <br /> <br />0 RIG I N A L <br /> <br />2/8/93 <br /> <br />RES 0 L UTI 0 N <br /> <br />N O. <br /> <br />11939 <br /> <br />---------- -- <br /> <br />RES 0 L UTI 0 N <br /> <br />N O. RD - 93-02 <br /> <br />---------- -- <br /> <br />CONCURRENT RESOLUTION OF THE REDEVELOPMENT <br />AGENCY OF THE CITY OF REDWOOD CITY AND THE <br />CITY OF OF REDWOOD CITY APPROVING AND <br />AUTHORIZING TRANSFER OF THE SUM OF $225,000 <br />FROM THE REDEVELOPMENT AGENCY CITY CENTER <br />PARKING STRUCTURE FUND TO THE APPROPRIATION <br />OF THE CITY OF REDWOOD CITY FOR CAPITAL <br />IMPROVEMENTS - CITY CENTER PARKING STRUCTURE <br /> <br />BE IT RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF <br /> <br />REDWOOD CITY AND THE COUNCIL OF THE CITY OF REDWOOD CITY, as <br /> <br />follows: <br /> <br />1. <br /> <br />The <br /> <br />sum <br /> <br />of <br /> <br />$225,000 <br /> <br />heretofore <br /> <br />transferred <br /> <br />to <br /> <br />and <br /> <br />deposited in the City Center Parking Structure Fund (Fund 372) of <br />the Redevelopment Agency of the City of Redwood City is hereby <br /> <br />transferred to the appropriation of the City of Redwood City for <br /> <br />Capital Improvement Projects - City Center Parking Structure, for <br />the purpose of removing contamination from the project site for <br /> <br />said parking structure. <br /> <br />2. <br /> <br />The <br /> <br />aforementioned <br /> <br />funds <br /> <br />are <br /> <br />hereby <br /> <br />transferred <br /> <br />expressly upon the condition that any amount of such sum that (i) <br /> <br />is not necessary for the aforementioned purpose (to wit: soils <br /> <br />contamination remediation), or (ii) is recovered from the Pacific <br /> <br />Gas and Electric Company, <br /> <br />(predecessor in interest to title of <br /> <br />said site and allegedly responsible for said contamination) or <br /> <br />any other party responsible <br /> <br />for <br /> <br />such contamination <br /> <br />shall be <br /> <br />restored to the Redevelopment Agency of the City of Redwood City. <br /> <br />, . ..-,..-,,- .__... -, .., <br />