Corona

City Council

July 19, 2023 Item #14

Agenda Item 14

14. AGREEMENT - APPROVAL OF AMENDMENT NO. 3A TO DISPOSITION AND\nDEVELOPMENT AGREEMENT WITH LAB HOLDING, LLC (AUTHORITY SOUTH MALL\nPROPERTY - REST AREA, LLC) AND FIRST AMENDMENT TO PROMISSORY NOTE\nSECURED BY DEED OF TRUST (AUTHORITY SOUTH MALL PROPERTY)\nThat the City Council approve Amendment No. 3A to Disposition and Development\nAgenda\nAgreement with Lab Holding, LLC (Authority South Mall Property - Rest Area, LLC.\nThat the Corona Housing Authority:\na. Approve Amendment No. 3A to Disposition and Development Agreement with\nLab Holding, LLC (Authority South Mall Property - Rest Area, LLC).\nb. Approve the First Amendment to Promissory Note Secured by Deed of Trust\n(Authority South Mall Property).