Meeting Time: July 07, 2026 at 7:00pm PDT
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Agenda Item

5.3) Hearing to consider a request for the first amendment to Development Agreement 08-002 (“Agreement”) with McGrath RentCorp (DAA 26-002). The Agreement term would be extended 30 years to 2059, the Agreement boundary would be adjusted, and the Property Owner obligations would be modified to: 1) effectuate a commercial land transfer to a high-revenue commercial user; and 2) secure support for 2045 General Plan and Midtown Area planning objectives.