Costa Mesa

City Council

July 16, 2024 New Business #2

Agenda Item 2

2. OPTION TO LEASE AGREEMENT TO CONSTRUCT AND OPERATE A 24-283\n70-UNIT AFFORDABLE SENIOR AND SUPPORTIVE HOUSING\nPROJECT LOCATED AT THE CITY’S SENIOR CENTER, 695 WEST\n19TH STREET\nRECOMMENDATION:\nStaff recommends the City Council review and approve the proposed “Option to\nLease Agreement” for a term that will expire on October 31, 2024, with one\npossible 120 day extension. The purpose of the agreement is for Jamboree\nHousing to apply for Project-Based Vouchers issued by the County of Orange.\nAttachments: Agenda Report\n1. Option to Lease Agreement