City of Signal Hill City Council Meeting Agenda April 2026
Signal Hill Considers New ENA With Red Mountain Group
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Description
The City of Signal Hill is considering approval of a second Exclusive Negotiation Agreement with Red Mountain Group to continue negotiations for the purchase and development of a 1.98-acre City-owned commercial site on Cherry Avenue. The ENA would provide an initial 120-day term with options for two additional 60-day extensions to complete a Disposition and Development Agreement.
Contract Details
Vendor
RED MOUNTAIN GROUP
Agency
City of Signal Hill, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 14, 2026
Contract Term
Initial 120 calendar day term, with two additional 60-day extensions upon mutual agreement
Renewal Info
This is a proposed second ENA following an initial 240-day ENA that expired March 29, 2026. The new ENA may be extended twice for 60 days each upon mutual agreement.
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