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File #: 20-0767   
Type: Ordinance Status: Passed
Meeting Body: City Council
On agenda: 8/25/2020
Title: Adopt Ordinance No. 3164-20 to Approve and Adopt a Development Agreement between the City of Sunnyvale and STC Venture LLC and Related Entities: STC Venture Block B, LLC; STC Venture 200WA, LLC; STC Venture Block 3RWS, LLC; and STC Venture Block 6, LLC
Attachments: 1. Ordinance 3164-20

SUBJECT

Title

Adopt Ordinance No. 3164-20 to Approve and Adopt a Development Agreement between the City of Sunnyvale and STC Venture LLC and Related Entities: STC Venture Block B, LLC; STC Venture 200WA, LLC; STC Venture Block 3RWS, LLC; and STC Venture Block 6, LLC

 

Report

BACKGROUND

The attached Ordinance was introduced at a regular meeting of the City Council held on August 11, 2020 with the following vote: 5-0-0-0-2 (Mayor Klein and Councilmember Larsson recusing).

 

RECOMMENDATION

Recommendation

Adopt Ordinance No. 3164-20 to approve and adopt a Development Agreement between the City of Sunnyvale and STC Venture LLC and related entities: STC Venture Block B, LLC; STC Venture 200WA, LLC; STC Venture Block 3RWS, LLC; and STC Venture Block 6, LLC.