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Title:
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Resolution approving an Exclusive Negotiation Agreement and Letter of Intent with Related California Urban Housing, LLC, for the potential City purchase of an office building to be developed at 1500-1580 Mission Street (Assessor’s Block No. 3506, Lot Nos. 2 and 3) at an estimated purchase price of $253,000,000 and authorizing non-refundable payments of $1,000,000 toward land acquisition costs and up to $250,000 toward schematic design costs.
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