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<br />6 -A 2. <br /> <br />Fiscal Impact <br />The developer has agreed to pay the Redevelopment Agency $2,500/month to lease <br />the site for one year. Fifty-five percent of this money would be used to help finance the <br />RDA's future affordable housing project on the subject site. The remaining 45% will be <br />used to help finance remediation and tenant relocation costs associated with the site. <br /> <br />A~~t~ <br /> <br />aureen Riordan <br />Senior Planner <br /> <br />Michael Church <br />Manager, Planning <br />& Redevelopment <br /> <br />(j~ <br /> <br />Ed Everett <br />City Manager <br /> <br />b <br />~ <br /> <br />-=- <br /> <br />Attachments <br />1 . Resolution <br />2. Exhibits <br />