Pomona

City Council

May 06, 2024 Item #5

Agenda Item 5

5. Approval of an Exclusive Negotiation Agreement with National Community Renaissance\nof California, Arteco, and Village Partners for the Sale and Development of Vehicle\nParking District Lots 6 & 7 and Adjacent Vehicle Parking District Owned Parcels on The\n400 Block of West 2nd Street\nIt is recommended that the City Council take the following actions:\n1) Approve the attached Exclusive Negotiation Agreement (ENA) with National\nCommunity Renaissance of California, Arteco & Village Partners (Developer)\nregarding the sale of Vehicle Parking District (VPD) Lots 6 & 7 and adjacent VPD\nowned parcels Generally Located on the 400 Block of West 2nd Street; and\n2) Authorize the City Manager to execute the ENA in substantially the form as attached\n(Attachment No. 2) and subject to approval as to form by the City Attorney.