File #: 17-0678    Version: 1
Status: Agenda Ready
File created: 2/10/2017 In control: City Council
On agenda: 3/7/2017
Title: 55-Year-Term Ground Lease with GSW#4 Development, LLC, for approximately $1,113,500 annual revenue escalating over term and offset in first 15 years by rental credits for use of Waterman Golf Course parcels - Well Relocation Agreement with Hillwood Enterprises, L.P., for relocation of City-owned water production and conveyance facilities - Conceptually approve Termination Agreement of ground lease agreement with J.G. Golfing Enterprises, Inc. and assign to Hillwood Enterprises, L.P. - Purchase and Sale Agreement with Hillwood Enterprises, L.P., for $1 to transfer 1.722-acre parcel within Waterman Golf Course to City of Riverside Public Utilities - 1494 S. Waterman Avenue, San Bernardino (All Wards)
Attachments: 1. Report, 2. GSW#4 Development Ground Lease, 3. Hilltop Well Relocation, 4. Hillwood Purchase and Sale, 5. JG Golflng Termination Agreement, 6. Minutes, 7. Presentation