DDA rescinds earlier Pierce PSA amendment and approves revised 2nd amendment
The DDA rescinded its prior approval of a 2nd amendment to the Pierce Partnership purchase-and-sale agreement and unanimously approved a revised 2nd amendment that increases tenant reimbursement credits and requires seller stabilization of buildings.
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The DDA voted unanimously to rescind its earlier approval of a 2nd amendment to the purchase-and-sale agreement with Pierce Partnership and then approve a revised 2nd amendment, a pair of motions the board discussed and passed on Nov. 18.
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