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City of Oxnard staff recommend exclusive negotiations with Dynamic Real Estate Partners for Riverpark parcel
Summary
City housing staff presented an exclusive negotiation agreement to begin talks with Dynamic Real Estate Partners LLC over an undeveloped Riverpark-area parcel (APN 1320033010), recommended a 12-month ENA with one 12-month extension option, and said any final sale or development would require council approval and land-use review.
City of Oxnard housing staff on the dais recommended the council authorize the mayor to enter an exclusive negotiation agreement (ENA) with Dynamic Real Estate Partners LLC to negotiate the possible disposition and commercial development of a vacant Riverpark-area parcel, APN 1320033010.
David Mechis, project manager with the housing department, told the council the parcel was declared surplus on 02/01/2022 as part of a larger surplus declaration of 53 properties. Mechis said the City followed the state Surplus Land Act process and initially offered the site to preferred public and affordable housing buyers;…
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