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City Officer: Board of Supervisors – Filed: May 16, 2014 – Contractor: Mercy Housing California 57, LP

Nature of Contract

Option to Ground Lease and, if Option is exercised, long term Ground Lease for the use of real property located at 1500 Page Street as affordable housing.

Date Contract Approved

May 13, 2014


$1 annual base rent plus up to 10% of FMV annual residual rent, as applicable.


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