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SA_FULL PACKET_2012-07-02
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SA_FULL PACKET_2012-07-02
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Last modified
11/4/2013 9:02:11 AM
Creation date
6/28/2012 6:43:46 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Date
7/2/2012
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PROPERTY No. 9, 10, 11 & 12 <br />Type - Governmental Use <br />Assessor Parcel #: 398-326-11, 398-327-01, 07, & 08 <br />Property Address: 300 E. Fifth Street <br />Property Use and Status: Constructed in 1987 this 4-story parking structure provides <br />approximately 700 spaces in two separate structures on property owned by the Agency. <br />The construction was financed through a 2003 Certificates of Participation (COP's). The <br />City 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 />2-22
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