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OCII increases Century Urban contract to $160,000 to support Block 4 financial review
Summary
The commission approved a third amendment to Century Urban's professional services contract, increasing the not-to-exceed amount to $160,000 to fund additional financial analysis and real estate advisory work tied to the Block 4 negotiations; vote was unanimous.
The commission on June 15 authorized a third amendment to OCII's existing personal services contract with Century Urban LLC, increasing the not-to-exceed amount by $63,000 to a new total of $160,000 to allow additional financial analysis and real-estate advisory services related to the Transbay Block 4 negotiations.
Paige Peltzer, development services specialist, said Century…
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