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Re: Amended 500 El Camino Real DA Term Sheet staff report

From: Mueller, Raymond <"Mueller,>
Date: Fri, 25 Aug 2017 20:26:31 +0000

?Thank you Chip.

________________________________
From: Taylor, Charles W
Sent: Friday, August 25, 2017 1:23 PM
To: Keith, Kirsten; Ohtaki, Peter I; Mueller, Raymond; Carlton, M.Catherine; Cline, Richard A
Cc: McIntyre, Alex D
Subject: Amended 500 El Camino Real DA Term Sheet staff report

Mayor and Councilmembers,

I wanted to make you aware that staff has updated the 500 El Camino Real DA Term Sheet staff report. The new report is now updated and available online. The only change includes the addition of the following two sentences:

"The subcommittee is also recommending that five of the 10 Below Market Rate units in the development be dedicated to teachers from the Menlo Park City School District. This is not a specific term of the development agreement and would need to be a policy decision by the City Council."

If you have any questions please let me know.

Thank you,

Chip
Received on Fri Aug 25 2017 - 13:28:33 PDT

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