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Agenda Item
6.6 26-0827 Subject: Seminary Point - Debt And Rent Forgiveness
From: Economic And Workforce Development Department
Recommendation: Adopt An Ordinance Authorizing The Forgiveness Of Outstanding And Future Rent Balances In An Amount Of Up To $40,000 For Seminary Point, LLC, Pursuant To A Ground Lease With The City, Contingent On The Sale Or Transfer of The Leasehold Interest In The Property To A Qualified Purchaser; And Making California Environmental Quality Act Findings