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Board receives update on affordable‑housing site; ground‑lease expected in August if documents returned
5442833 · July 22, 2025
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Summary
District staff said the preferred developer has done site due diligence and that a ground-lease could come to the board on Aug. 19 if outstanding documents are returned; staff said an interim extension would be sought if delays continue.
The board received a brief update on the district’s affordable‑housing site from staff on July 22.
Staff reported that the preferred developer, Vescor, has engaged engineering firms to complete due diligence, including drilling and underground utility…
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