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Title:
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Resolution approving and authorizing the amendment and restatement of an existing long term ground lease with Turk & Eddy Associates, LP, on City-owned land at 249 Eddy Street, and 161-165 Turk Street (“Property”) in order to refinance a 100% affordable, 82-unit multifamily rental housing development (plus one staff unit) for low-income persons (“Project”); and authorizing the Director of Property and Director of Mayor’s Office of Housing and Community Development to execute documents, make certain modifications, and take certain actions in furtherance of this Resolution, as defined herein.
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