News

NORTH MARE ISLAND TERM SHEET UPDATE AND ENA 5th AMENDMENT

Gillian Hayes, Interim Deputy City Manager and Paul Kelley, Economic Development Director, December 14, 2020


RECOMMENDATION
Approve the new Term Sheet for the North Mare Island Disposition and Development Agreement or Purchase Sale Agreement with The Nimitz Group, LLC, and authorize the City Manager to execute the Fifth Amended and Restated Exclusive Negotiation Agreement (ENA) with the Nimitz Group, LLC for North Mare Island.

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