City of Riverside City Council Agenda 2026-06-23
City to sell canal parcel to Greens Gibson LLC
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Description
Riverside plans to sell a portion of City-owned vacant canal land (APN 233-160-022) between Van Buren Boulevard and Gibson Street to Greens Gibson LLC for $50,772 plus up to $5,000 in closing costs under a Purchase, Sale, and Development Agreement. The deal includes development of the site by the buyer.
Contract Details
Contract Amount
Sale price of $50,772 plus closing costs not-to-exceed $5,000
Vendor
GREENS GIBSON LLC
Agency
City of Riverside, CA
Contract Type
FACILITIES
Document Date
June 23, 2026
Renewal Info
One-time land sale and development agreement; no renewals indicated.
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