Redeem $1.75 million cash settlement from Pinole Point Properties developer
In Plain English
The city holds letters of credit from Pinole Point Properties as financial guarantees for a development project. The developer now wants to convert these guarantees into a $1.75 million cash payment to the city. If approved, the city receives the money upfront instead of holding the credit promises.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 90-07
PassedSimilar Discussions
5 related items found by meaning
Transfer development obligations for Pinole Point Business Park to new company
Extend Point Molate development deadline to July 2010
Extend Point Richmond Gateway LLC development deadline by 1 year
Approve letter of intent to sell 82-acre Point Molate development property to tribal group
Hire 3 firms to set up special financing districts for Point Molate development
The Story So Far
Related items from other meetings
Contract with Oakley & Oakley for the Corporation Yard Americans with Disabilities Act Restroom Remodel Project
Contract with All Star Painting KD Inc. for Graffiti Removal of Historic Concrete
Contract with Thomson Reuters Enterprise for Legal Research Subscription Services
Legal Services Agreement Amendment No. 2 with Best, Best & Krieger LLP to Advise on a Wastewater Operator Agreement
Explore Regional Partnerships and "Piggyback" Contracting Opportunities for a July 3rd Drone Light Show at Hilltop Mall
Approve the Production Agreement Contract with Pyro Spectaculars North Inc. for a Fireworks display Show on July 3, 2026
Purchase Eight Fleet Vehicles for the Port, Parks, and Abatement Operations from Dublin Chevrolet
Contract with eScribe Software Ltd. for Agenda Preparation and Management System
Contract with SCI Consulting Group for Ballot Measure Feasibility, Strategic Communications, and Public Opinion, and Public Outreach
Contract with All Star Painting KD Inc. for Graffiti Removal of Historic Concrete