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DEVELOPMENT TEAM RECOMMENDATION: <br />The Development Team recommends the HRA consider the current deal points and if it is <br />determined that the project is progressing appropriately, direct staff to make final revisions to the <br />proposed escrow agreement and return for approval at the next HRA meeting. <br />HRA ACTION: <br />Direct staff to work with the developer and counsel to make the final revisions to the Escrow <br />Agreement based on direction form the HRA and present for final approval at the July 13th HRA <br />meeting. <br />Reviewed by: <br />HRA Executive Director <br />HRA: 06.29.10 <br />