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PROPERTY No. 5, 6, & 7 <br />Type - Governmental Use <br />Assessor Parcel W: 398-258-09, 10, & 12 <br />Property Address: 420 N. Main Street <br />Property Use and Status: Constructed in 1988 this 7-story parking structure provides <br />approximately 400 spaces of public parking on property owned by the Agency. The <br />construction was financed through a 2003 Certificates of Participation (COP's). The City <br />is the lessee under a Lease Agreement relating to the refunding of the COP's. In <br />accordance with the term of the lease, all right, title, and interest in the Property is vested <br />in the City upon termination of Lease. <br />2-18