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City Officer: Lee, Edwin – Mayor – Filed: March 10, 2014 – Contractor: 55 Laguna Limited Partnership, a California limited partnership

Nature of Contract

Commitment lettter to provide gap construction financing for Richardson Hall at 55 Laguna in the amount of $5,123,559.00, bringing total City financing for Richardson to $7,595,145.00. Gap construction loan is anticipated to closed in Summer 2014.

Date Contract Approved

March 6, 2014


Additional loan funds in the amount of $5,123,559.00


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