Title
AUTHORIZATION FOR THE CITY MANAGER TO NEGOTIATE A LEASE/SALE & DEVELOPMENT OF 5805 PARK BOULEVARD
Body
NOTE: The CRA issued a Request for Letters of Interest (RLOI) for the redevelopment of 5805 Park Boulevard on October 25, 2019. At the December 10, 2019 CRA meeting, the Board reviewed the LOIs submitted and recommended the firms in the following order: 1) Mastry's Brewing Co., 2) Chadwick Auctions, and 3) Namaste Homes, LLC. Upon recommendation and authorization by the Community Redevelopment Agency Board of Directors, the City Manager, acting on behalf of the CRA Board under the 2017 Agreement for Services, will negotiate competitively with Mastry's Brewing Co. for the redevelopment of 5805 Park Boulevard.
Recommendation
ACTION: (Approve - Deny) Authorization for the City Manager to negotiate with Mastry's Brewing Co. for the redevelopment of 5805 Park Boulevard.