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Council declines to authorize immediate City Hall lease purchase; downtown residents press for alternatives

City Council of Riverbank & Riverbank Local Redevelopment Authority Board · February 27, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council debated negotiating a lease‑to‑purchase for 6436 Oakdale Road as a potential consolidated City Hall. Staff said the site offers 42,000 sq ft, parking and IT infrastructure but would cost roughly $35,700/month in year one and require $1.5–2M in tenant improvements. After extensive public comment opposing a downtown move, a motion to proceed with negotiations failed.

Riverbank staff briefed the council Feb. 27 on options to address growing staff and space needs, proposing continued negotiations for a potential consolidated City Hall at 6436 Oakdale Road.

Staff described the building as approximately 42,000 square feet with existing IT infrastructure and a backup generator, which could accommodate present and projected staffing needs. Proposed lease terms discussed included a 20‑year initial term with two 10‑year extension options, base rent starting near $35,700 per month for the first year and rising in later years, a triple‑net…

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