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Committee forwards Millennium Tower easement as city’s contribution to settlement
Summary
The committee recommended forwarding an ordinance authorizing a sidewalk surface/subsurface easement to Millennium Towers Association as part of a settlement that requires State Lands and court approvals; the easement work is intended to prevent further settlement and may permit gradual tower correction.
Andreiko Penick, director of Real Estate, presented an ordinance authorizing an easement deed and agreement with the Millennium Towers Association that implements the city's contribution to a settlement resolving claims related to foundation settlement at 301 Mission (Millennium Tower).
Penick told the…
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