What happened
- Heard discussion on negotiating Point Molate sale terms with park district and developers after 17 public comments.
- Approved letter of intent to sell 82-acre Point Molate development property to tribal group after 16 public comments.
Attendance
Approve letter of intent to sell 82-acre Point Molate development property to tribal group
In Plain English
The city owns 270 acres at Point Molate, a former Navy base. A 2019 lawsuit settlement requires the city to sell 82 developable acres to either a developer or the Federated Indians of Graton Rancheria tribe. If approved, the city gives up its 50% share of sale proceeds but saves up to $400,000 annually on maintenance and security costs.
Auto-generated summary. Source: official agenda documents.
Votes
To approve the staff recommendation
5 to 0
Negotiate sale terms for Point Molate with park district and developers
In Plain English
The city owns Point Molate, a 270-acre former naval shipyard site on the bay. Three parties want to buy or develop portions of the property. The city attorney will discuss confidential price negotiations in closed session.
Auto-generated summary. Source: official agenda documents.