Development Agreementapproved

City of Ventura Awards $10,000,000 Development Agreement Contract to Hofer Properties (May 2025)

Authorize the City Manager, or designee, to execute a Funding Agreement between the City of Ventura and Hofer Properties,LLC/Hofer Vineyards LLC/Paul B. Hofer, & Sons LLC/Ventura Olivas Company, LLC/WF Golf Course, LLC for $10,000,000.

Status
approved
Document date
May 6, 2025
Contract type
Development Agreement
Vendor
Hofer Properties
Agency
City of Ventura · IA

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

Scope & details

The full contract record, as filed.

Contract amount
$10,000,000
Contract type
Development Agreement
Contract term
NA
Document type
Agenda
Source document
city-of-ventura-agenda-2025-05-06_994.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development agreement contract by City of Ventura?

Hofer Properties was awarded this development agreement contract by City of Ventura, as recorded on May 6, 2025. The contract value is $10,000,000.

How much is the Hofer Properties contract with City of Ventura worth?

The Hofer Properties contract with City of Ventura is valued at $10,000,000, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-ventura-agenda-2025-05-06_994.pdf (Agenda), dated May 6, 2025 from City of Ventura. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hofer Properties hold?

Hofer Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Hofer Properties's profile

What is City of Ventura currently buying?

Explore City of Ventura's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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