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Title:
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Ordinance 4774: Approve and Authorize the Executive Director to: Execute a Fifth Amendment to the Agreement for Purchase and Sale and Ground Lease of Real Property and Escrow Instructions with Zarsion-OHP I, LLC to Disburse Certain Cost Cap Funds Currently Held in Escrow for the Brooklyn Basin Project and Execute Amended and Restated Agreements with Zarsion-OHP I, LLC Regarding the Cost Cap Insurance Escrow Account and Replacement Letter of Credit for Various Project Phases (Brooklyn Basin), and Finding that the Proposed Action is Exempt Under the California Environmental Quality Act. (CRE)
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