Title
Business Terms for Disposition and Development Agreement and Ground Lease for Hope Street Lots 4 and 8.
Recommended Action
1. Approve negotiated business terms by and between the City and the developer, the Robert Green Company (RGC), for the development of the Hope Street Lots 4 and 8.
2. Authorize the City Manager to execute the Disposition and Development Agreement and Ground Lease with the RGC for the development of Hope Street Lots 4 and 8 consistent with the business terms negotiated during the Exclusive Right to Negotiate Period.