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File #: 24-13220    Version: 1 Name:
Type: Consent Calendar Status: Agenda Ready
File created: 5/29/2024 In control: City Council
On agenda: 6/18/2024 Final action:
Title: Subject: Termination of loan agreement between the City of Cupertino and the Pacific Autism Center for Education
Sponsors: Lauren Sapudar
Attachments: 1. Staff Report, 2. A - Loan Agreement, 3. B - Settlement Agreement

Title

Subject:  Termination of loan agreement between the City of Cupertino and the Pacific Autism Center for Education

Recommended Action
Authorize the City Manager to terminate a loan agreement between the City of Cupertino and the Pacific Autism Center for Education pursuant to a settlement agreement between the parties, in consideration for a payment of $50,000 into the City’s BMR fund