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City of Novato City Council Agenda 2026-05-12

ENA Extension with The Sherman Group for Sherman Avenue Properties

City of NovatoSHERMAN GROUPMay 12, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Novato City Council will consider extending by 12 months the Exclusive Negotiation Agreement with The Sherman Group for redevelopment of City-owned properties at 900 and 908 Sherman Avenue. The amendment would allow additional time for environmental studies, entitlements, and lease structure negotiations.

Contract Details

Vendor

SHERMAN GROUP

Agency

City of Novato, CA

Contract Type

OTHER

Document Date

May 12, 2026

Contract Term

Twelve-month extension to Exclusive Negotiation Agreement

Renewal Info

Proposed amendment grants an additional 12-month extension to the existing Exclusive Negotiation Agreement to continue predevelopment activities and lease negotiations.

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