#OB7 - Earmark Hotel Rent for Affordable Housing
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DISCUSS EARMARKING ALL RENT IN EXCESS OF THE MINIMUM FIXED RENT RECEIVED PURSUANT TO THE DEVELOPMENT AND GROUND LEASE AGREEMENT BETWEEN THE CITY AND MB MIXED USE INVESTMENT, LLC, FOR THE DEVELOPMENT AND OPERATION OF THE CONVENTION CENTER HEADQUARTER HOTEL FOR THE PURPOSE OF PROMOTING AND SUPPORTING WORKFORCE AND AFFORDABLE HOUSING DEVELOPMENT.
September 26, 2025
at 10:30 AM
Old Business
Citywide
Referred: December 11, 2024 - C7 Z
Sponsors
Office of the City Manager
Commissioner Tanya Bhatt