City Council

Item No. 22. 2023-0953 CONSIDER ESCROW AGREEMENT BETWEEN THE\nNO. 2, A SPECIAL DISTRICT, AND U.S. BANK TRUST\nCOMPANY, NATIONAL ASSOCIATION, A NATIONAL\nBANKING ASSOCIATION, IN ITS CAPACITY AS\nESCROW AGENT FOR A SUPPLEMENTAL\nENVIRONMENTAL PROJECT (CALAS PARK\nSTORMWATER AND WATER QUALITY\nIMPROVEMENTS)\nRecommendation: 1. APPROVE an Escrow Agreement between the City of Carson,\nCounty Sanitation District No. 2, a Special District, and U.S. Bank\nTrust Company, National Association, a National Banking\nAssociation, in its capacity as escrow agent for a Supplemental\nEnvironmental Project (Calas Park Stormwater and Water Quality\nImprovements)\n2. AUTHORIZE the Mayor to execute the Escrow Agreement\napproved as to form by the City Attorney and all associated\ndocuments.\n1.\nAttachments: Draft Calas Park SEP Escrow Agreement\nCalas Park SEP Fact Sheet\nDMS-#7132298-v1-Final_Stipulated_Order_R4-2023-0088\nDISCUSSION: (Items 23 to 26)