City of Signal Hill City Council Agenda July 8 2025
City Approves Negotiation Agreement with Red Mountain Group
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Description
The City Council approved an Exclusive Negotiation Agreement with Red Mountain Group to pursue the redevelopment of city-owned property on Cherry Avenue. The ENA period allows Red Mountain Group to complete due diligence and preliminary design activities. If requirements are met, the parties may enter negotiations for a final development agreement.
Contract Details
Vendor
RED MOUNTAIN GROUP
Agency
City of Signal Hill, CA
Contract Type
OTHER
Document Date
July 8, 2025
Contract Term
Defined exclusive negotiation period, timeframe not specified
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