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MINUTE ORDER <br />JOINT CITY COUNCIL / SUCCESSOR AGENCY BOARD <br />PUBLIC FINANCING AUTHORITY MEETING <br />February 8. 2016 <br />MO. 16-025 <br />CITY CLERK DEPARTMENT <br />Redwood City <br />Date: February 9, 2016 <br />Attention: City Attorney <br />Finance Director <br />**hard copy available upon request** <br />SUBJECT: Supplemental Educational Revenue Augmentation Fund and City/Former <br />Redevelopment Agency Loan Modification (City Council and Successor <br />Agency Actions) <br />AGENDA ITEM: 6.1 D (455) <br />Meeting of the Joint City Council/Successor Agency Board/Public Financing Authority of <br />Redwood City on February 8, 2016. <br />Present: Council Members Aguirre, Borgens, Gee, Howard, Masur, Vice Mayor Bain and <br />Mayor Seybert. <br />M/S Aguirre/Howard to approve the Consent calendar. <br />By Motion of the City Council, approve and authorize the Mayor to execute on behalf of the <br />City: 1) Ratification and Amendment to the Supplemental Educational Revenue <br />Augmentation Fund (SERAF) Loan; and 2) Ratification and Amendment to the City/Former <br />Redevelopment Agency (RDA) Loan Agreement being that the loans of funds for the SERAF <br />Loan and the City/RDA Loan were for legitimate redevelopment purposes. <br />Motion carries unanimously by electronic vote. <br />Ct�ti-i�if pAf d <br />Silvia Vonderlinden <br />Municipal City Clerk <br />