Nature of Contract
Approved and authorized the Redevelopment Agency to execute a ground lease agreement theThird & LeConte Associates LP, for lease of land at 1075 Le Conte Avenue, Assessors Block 009, Lot 5476, commonly known as 6600 Third Street, for a term of 70 years for the development of housing for formerly homeless households.
Date Contract Approved
$1 Annually as long as it is serves formerly homeless households per LOSP. (70 years)