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Posting Language:
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An Ordinance authorizing a Funding Agreement with Esperanza Peace and Justice Center in an amount not to exceed $500,000.00 for stabilization of the former Lerma Building located at 1612 North Zarzamora, including architectural and engineering design for necessary mechanical, electrical, and plumbing repairs; and authorizing a 20 year lease for the same building from the Esperanza Peace and Justice Center, for a total of $10.00, and a 20 year lease-back of the property to the Esperanza Peace and Justice Center, for a total of $10.00, located in Council District 1. [Peter Zanoni, Deputy City Manager; Mike Frisbie, Director, Transportation & Capital Improvements]
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