Palmdale

City Council

April 17, 2024 Order of Business 7 #1

Agenda Item 1

7.1 Adopt Resolution No. CC 2024-030, a Resolution of the City Council of the City of\nPalmdale providing for the release of a portion of the real property securing the\nLease Agreement, dated as of October 1, 2014, by and between the Palmdale\nFinancing Authority and the City of Palmdale, assigned to TPB Investments, Inc.,\na wholly-owned subsidiary of Western Alliance Bank, an Arizona Corporation, and\nCity Council Wednesday, April 17, 2024\nauthorizing and directing certain actions relating thereto, and Adopt Resolution\nNo. PFA 2024-001, a Resolution of the Board of Directors of the Palmdale\nFinancing Authority providing for the release of a portion of the real property\nsecuring the Lease Agreement, dated as of October 1, 2014, by and between the\nPalmdale Financing Authority and the City of Palmdale, assigned to TPB\nInvestments, Inc., a wholly-owned subsidiary of Western Alliance Bank, an\nArizona Corporation, and authorizing and directing certain actions relating thereto.\nSR MKP COP Lease Amendments.docx\nReso. No. CC 2024-030.docx\nReso. No. PFA 2024-001.docx\nAgrmt First Amendment to Site and Facility Lease.pdf\nAgrmt First Amendment to Lease Agreement.pdf\nAgrmt First Amendment to Assignment Agreement.pdf