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Subject: Fox Theater Restoration
From: Community and Economic Development Agency
Recommendation: A Continued discussion to Adopt the following legislation:
1) Adopt a Resolution authorizing amendment to the repayment agreement with the Redevelopment Agency and increasing City appropriations by $800,000, and authorizing the City Manager to enter into a contract in an amount not to exceed $800,000 with California Capital Group for predevelopment work on the Fox Theater and wrap around buildings (PURSUANT TO SECTION 902-E OF THE CITY CHARTER, THIS ITEM REQUIRES A 2/3 VOTE); and
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