Santa Clarita

City Council

January 27, 2026 Item #2

Agenda Item 2

2.\nEXCLUSIVE NEGOTIATING AGREEMENT FOR THE CITY-OWNED MAIN\nSTREET PROPERTY - City Council to consider entering into an Exclusive\nNegotiating Agreement with Serrano Development Group for the City-Owned Main\nStreet Property\nRECOMMENDED ACTION:\nCity Council:\n1. Authorize the City Manager or designee to enter into an Exclusive Negotiation\nAgreement with Serrano Development Group for the City-owned Main Street\nproperty, subject to approval by the City Attorney.\n2. Authorize the City Manager or designee to execute all documents, subject to City\nAttorney approval.\nCONSENT CALENDAR\nAll matters listed under the Consent Calendar are considered routine and will be enacted by one\nmotion by the City Council. The items are not individually discussed by the City Council unless\na request is made by a member of the public or the Council, in which case, the item(s) will be\nremoved from the Consent Calendar and will be considered separately.