City Council

F. Authorization to Enter into Third Amendment to Amended and Restated Lease Agreement with Bank\nof America for City-Owned Property Located at 1301 Fourth Street\nRecommended Action\nStaff recommends that the City Council authorize:\n1. City Manager to negotiate and execute a Third Amendment to the Amended and Restated\nLease Agreement with Bank of America for the City-owned property at 1301 Fourth Street.\nThe Third Amendment would extend term from February 1, 2026 through December 31,\n2028; and\n2. Adopt a finding of no possibility of significant effect pursuant to Section 15061(b)(3) of the\nCalifornia Environmental Quality Act (CEQA) Guidelines.\na. Attachment A: Acquisition of Property at 1301–1333 Fourth Street (Web Link)\nb. Attachment B: Adoption of Resolution and Approval of Release of Request for Proposals for CityOwned Sites Designated Affordable Housing Development in City's 6th Cycle Housing Element\n(Web Link)\nc. Levine - BofA\nd. Oaks - BofA\ne. Written Comments