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Resident opposes possible city purchase of Bank of America site; council schedules closed-session negotiation
5798877 · August 19, 2025
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Summary
A resident urged the council not to use city funds to buy the Bank of America property; the council’s posted closed-session agenda later listed 1055 Calamasa Boulevard (Bank of America) as a real-property negotiation under Government Code 54956.8.
A resident told the Calamasa City Council during public comment that citizens oppose the use of public funds to buy the Bank of America building and urged the council to let a private buyer purchase the property instead. “He was a perfect example. Put a business in there.…
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