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Ground Lease Agreements with SiFi Networks Riverside, LLC, for 1,000 square-feet of Citywide fiber optic datacenter huts at: 6951 Flight Road, for $1.25 per square-feet ($1250 per month) for ten years plus seven five-year extension options, 2010 Martin Luther King Boulevard, for $.66 per square-feet ($660 per month) for ten years plus nine five-year extension options; and 6911 Palm Court, for $.66 per square-feet ($660 per month) for ten years plus nine five-year extension options, with annual increases of three percent, respectively (All Wards)

Innovation and Technology Agenda Ready Introduced February 8, 2024

What this record is

Held by
SiFi Networks Riverside, LLC 2 records across this site
Amount
$1K
Runs until
February 8, 2029 2 years away calculated from the contract term stated in the record
Type
amendment
Field
Technology

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Read automatically from the title of the official record. The source document below is authoritative.

SiFi Networks Riverside, LLC also holds

First Amendment to Development Agreement with SiFi Networks Riverside, LLC., for Citywide Fiber Optic Network at no cost to City (Innovation and Techn… Riverside, CA
Committee
City Council
Requested by
Innovation and Technology
Introduced
February 8, 2024
On agenda
February 27, 2024

Where it was heard

City Council Feb 27, 2024 City Council Feb 27, 2024