File #: 23-2750    Version: 1
Status: Agenda Ready
File created: 8/17/2023 In control: City Council
On agenda: 9/5/2023
Title: Agreement with KB Sycamore Hills I, LLC., a Delaware Limited Liability Company as to an undivided 50 percent interest, KB Sycamore Hills II, LLC., a Delaware Limited Liability Company as to an undivided 40 percent interest, and KB Sycamore Hills III, a Delaware Limited Liability Company as to an undivided 10 percent interest as tenants in common for the Sycamore Hills Distribution Center Project to cover expenses which satisfy Condition of Approval 75.c with $1,700,000 endowment to cover costs associated with homeless encampments, dumping, and vandalism in a designated 12.23-acre conservation easement identified as portions of Assessor Parcel Numbers 263-060-026, 263-060-022, 263-060-024, and surrounding area (Ward 2)
Indexes: CCT – Community Trust, CCT – Equity, CCT – Fiscal Responsibility, CCT – Innovation, CCT – Sustainability & Resiliency, SP 3 – Economic Opportunity, Strategic Goal 3.3, Ward 4
Attachments: 1. Report, 2. Agreement, 3. Rivers and Lands Conservancy Resolution, 4. Presentation