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Committee Advances Below‑Market Lease for Juma Ventures, Sends Item to Full Board

Government Audit and Oversight Committee · May 12, 2008
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A Government Audit and Oversight Committee recommended sending a below‑market lease and startup grant for Juma Ventures to the full Board after staff said the funds are intended to create a sustainable business; public comment suggested alternate uses for the space.

The Government Audit and Oversight Committee voted, without objection, to send a recommendation and committee report to the full Board on a below‑market lease and startup funding package for Juma Ventures.

Staff told supervisors that two respondents applied for the City Hall tenant opportunity and that Juma (referred to in the record as Joomla/Juma Ventures) was rated highest after a review…

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