City Council

6. AUTHORIZATION TO EXECUTE AN AMENDED INTERCREDITOR AND SUBORDINATION AGREEMENT BETWEEN THE CITY OF CLAREMONT, RESTORE NEIGHBORHOODS, LA, INC. (RNLA), AND OTHER FUNDING AGENCIES OF THE 956BASE LINE ROAD AFFORDABLE AND PERMANENT SUPPORTIVE HOUSING DEVELOPMENT (FUNDING SOURCE: SUCCESSOR HOUSING FUND)\nRecommendation:\nAttachment(s):\nStaff recommends the City Council authorize the City Manager to execute an amended Intercreditor and Subordination Agreement between the City of Claremont, RNLA, and other funding agencies of the 956Base Line Road affordable and permanent supportive housing development.\nAmended Intercreditor and Subordination Agreement