City Council

9. CITY COUNCIL CONSIDERATION AND APPROVAL TO RELEASE A COMPETITIVE OFFERING FOR CITY-OWNED REAL PROPERTY AT 150 E. FIRST STREET Staff is requesting City Council consideration and approval to release a competitive offering for 0.4 acres of City-owned real property at 150 E. First Street within Development Area 2 of the Downtown Commercial Core Specific Plan pursuant to the procedures recently approved by the City Council in Resolution 25-10. Recommendation: It is recommended that the City Council take the 3/28/25, 12:12 PM Regular Meeting of the City Council/Closed Session-4:30 pm/Regular Meeting-6:00 pm following actions: 1. Authorize staff to release a competitive offering for 0.4 acres of City-owned real property at 150 E. First Street within Development Area 2 of the Downtown Commercial Core Specific Plan pursuant to the procedures recently approved by the City Council in Resolution 25-10; and 2. Authorize the City Manager to continue and/or enter into temporary leases and licenses prior to final disposition Fiscal Impact: There is no fiscal impact associated with this item.