Approve development agreement for city property on Macdonald Avenue between 11th and 13th Streets
In Plain English
The city owns vacant land on Macdonald Avenue between 11th and 13th Streets that needs development. SAA-EVI Richmond Partners wants to build housing or commercial space there. If approved, the developer gets rights to build on the property in exchange for paying the city and following specific development requirements.
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Disposition and Development Agreement with SAA-EVI Richmond Partners, LLC
Disposition and Development Agreement with SAA-EVI Richmond Partners, LLC
Exclusive Right to Negotiate with SAA-EVI Richmond Partners
Public hearing regarding Disposition and Development Agreement with SAA-EVI Richmond Partners
Authorized the city manager to negotiate and enter into an Exclusive Right to Negotiate (ERN) with the Highridge Costa Development Group for the development of the site located at 12th Street and Macdonald Avenue