Lawrence E. Hamilton Living Trust

The City is asked to accept or reject an offer from TEOF Hotel LP to pay $5,707,000 (plus accrued interest and legal fees) upon the sale of the Lorenzo Hotel at 1011 South Akard Street in exchange for a release of the City's lien on the property, with no net cost to the City.

…ditional funds owed by Borrower or Lawrence E. Hamilton, III, as trustee of the Lawrence E. Hamilton Living Trust (“Guarantor”) to the City approved as to form by the City Attorney; and (3) exe…