File #: 17-482    Version: 1 Name:
Type: Consent Calendar Status: Passed
File created: 4/11/2017 In control: City Council / Housing Authority / Successor Agency to the Redevelopment Agency
On agenda: 4/17/2017 Final action: 4/17/2017
Title: Approve a Memorandum of Understanding (MOU) with Fairplex Association to clarify Section 3.6 of Resolution No. 90-132, Participation Agreement, and receive $120,000 as settlement payment for 10% "Net Profit" calculation for food and beverage operations at the Sheraton Hotel from 2011-2016
Attachments: 1. Staff Report, 2. Attachment 1, 3. Attachment 2, 4. Attachment 3

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Approve a Memorandum of Understanding (MOU) with Fairplex Association to clarify Section 3.6 of Resolution No. 90-132, Participation Agreement, and receive $120,000 as settlement payment for 10% “Net Profit” calculation for food and beverage operations at the Sheraton Hotel from 2011-2016