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SR-410-003 (10) -- -. . 00--003 ~ _ O;r-- e..p L C tfDD APR 24 UN ~ A...J CA:RMM:r City Council Meeting 4-24-84 Santa Monica, California STAFF REPORT TO: Mayor and City Council FROM: City Attorney SUBJECT: Ordlnance Approving Amendment Number 2 to Development Agreement with CPL Relating to Mortgagee Protection At lts meeting on April 10, 1984, the City Council introduced for first reading an ordinance amendlng paragraph 27 of the Development Agreement with Colorado Place Limited relating to mortgagee protectlon. The ordinance is now presented to the City Council for adoption. RECOMMENDATION It is respectfully recommended that the accompanying ordinance be adopted. PREPARED BY: Robert M. Myers, City Attorney (p - C- APR 2 4 1984