File #: 150068    Version: 1 Name: Settlement of Unlitigated Claim - Thick Description and Art Space Development Corporation - City to Receive $50,000
Type: Resolution Status: Passed
Introduced: 2/3/2015 In control: Clerk of the Board
On agenda: 2/3/2015 Final action: 3/26/2015
Enactment date: 3/26/2015 Enactment #: 093-15
Title: Resolution approving the settlement of an unlitigated claim in favor of the City for repayment of a Nonprofit Performing Arts Loan Program Loan to Thick Description; under the settlement, Thick Description will transfer theater fixtures and equipment to the theater site at 1695-18th Street, Art Space Development Corporation (“Art Space”) will pay $50,000 to the City, and Art Space will maintain the theater site as an active and viable public theater space through December 31, 2034.
Attachments: 1. Leg Ver1, 2. Comm Pkt 030515, 3. Board Pkt 031715, 4. Leg Final
Legislation Details
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