Summary:
Sentinel Capital North Orange, LLC, "Sentinel", is the sublessee under a sublease between Sentinel and Bank of America, N.A. Under the the terms of the sublease, Sentinel operates a parking lot on property located at 200 N. Orange Avenue, "Property", to serve an office tower on property located at 250 N. Orange Avenue, "Adjacent Property". In conjunction with redevelopment of the Property and the Adjacent property, Sentinel constructed certain landscape, sidewalk and streetscape improvements along Orange Avenue, consistent with downtown streetscape requirements. Sentinel has requested that the City maintain the improvements and staff have no objection. |