Public Documents Related to 101 Ash St./CCP Proposed Settlement
On June 20, 2022, Mayor Todd Gloria and members of the City Council announced a proposed settlement agreement in the litigation of the 101 Ash Street and Civic Center Plaza transactions. The proposed settlement agreement will provide certainty to the City, minimize the potential substantial financial risk to taxpayers, and continue to allow law enforcement to investigate the transactions and hold any wrongdoers accountable.
Later this month, the City Council will consider approval of a proposed settlement agreement involving the acquisition of the 101 Ash Street and Civic Center Plaza properties.
The following are the materials that support the public’s understanding and review of the issue and proposed settlement. These items all will be posted with the agenda for the hearing on the approval.
Current Reports & Analysis
These records address the proposed settlement and acquisition of the two buildings. There include the staff report supporting the settlement, the Independent Budget Analyst’s evaluation, various financial analyses, the City Attorney’s review of the settlement agreement, and the legislative resolutions that would accompany an approved settlement.
Occupancy Planning & Management Overview
Staff Report Proposed Settlement
Public Purposes and Benefits of Settlement Agreement
Proposed Settlement Agreement and Mutual Release
Replacement Page 16 of Settlement Agreement
IBA Consultant Review of 101 Ash and Civic Center Plaza Building Options
City Attorney Report RC-2022-2
Comparative Financial Analysis of 101 Ash/CCP Purchases
Cost Analysis of Yield Maintenance Fee Waiver
Restricted Appraisal of 101 Ash Street
Restricted Appraisal of CCP
Cisterra Estimated Closing Statement
Projected Uses for Existing Bond Proceeds and Commercial Paper
Building Condition Reports
These records include reports developed in 2020 to assess the needs of the 101 Ash St. building, a forensic analysis into the original transaction and failures in the 2018/2019 remodel, and assessments of other City buildings where employees are currently working.
101 Ash Street Building Condition Assessment
Forensic Review Preliminary Report on 101 Ash Street
2015 COB Condition Assessment
2015 CAB Condition Assessment
Historical Documents
These include records associated with the purchase of the building, including supporting documentation provided at the time of the leases’ approval, as well as other leases associated with the transactions such as the sublease to the King-Chavez Academy of Excellence.
CCP Staff Report #14-073
CCP Lease Agreement Executed March 13, 2015
Letter of Intent for 101 Ash Street July 21, 2016
2016 Appraisal of 101 Ash Street
2016 Staff Report and Lease for 101 Ash Street
2018 Staff Report for 101 Ash Street
2018 Staff Report for 101 Ash Street Building Project and Appropriation
Resolution R-2019-61
Executive Complex Lease
Sublease with King-Chavez Community High School