ACQUISITION/FINANCING AGREEMENTFinancing Agreement • September 14th, 2016 • California
Contract Type FiledSeptember 14th, 2016 JurisdictionWHEREAS, the City and McMillin Otay Ranch, LLC entered into that certain Development Agreement (the “Development Agreement”) for the purposes and mutual benefits set forth therein to provide for the development of the Eastern Urban Center, now known and referred to as “Millenia” (the “Property”). The Owner has acquired the Property and has been assigned all rights, interests and obligations of the Development Agreement and existing entitlements and the obligations to construct improvements required by subdivision maps on the Property; and