SUBJECT: Request from Valley Children’s Hospital to Approve a Second Amended and Restated Grant Deed REPORT IN BRIEF Valley Children’s Hospital (VCH) is requesting approval of Second Amended and Restated Grant Deed with changes to the terms related to Covenant to Construct and Repurchase Price. RECOMMENDATION City Council - Adopt a motion: A. Approving the Second Amended and Restated Grant Deed between the City of Merced and Valley Children’s Healthcare for 301 E. Yosemite Avenue (Assessor’s Parcel Number 231-040-021); and, B. Authorizing the City Manager to execute all the necessary documents.

Consent Item Failed Introduced August 9, 2024

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: August 9, 2024
On agenda: August 19, 2024

Where it was heard