Harbor Corp. agrees to single LOI process and extends developer closing by 60 days
Board members agreed to combine two letters of intent into one package, asked staff and counsel to circulate redlines, and voted to extend the developer—s closing deadline 60 days to allow city approvals and easement steps to proceed.
The full story
Harbor Corp. directors voted to extend the closing date for a proposed waterfront development by 60 days and to pursue a single, combined letter of intent (LOI) covering two vacant parcels adjacent to the 33 Building.
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