Roseville City Council Meeting - March 3, 2021 - Public Comment by Greater Sacramento Economic Council

City of Roseville signed industrial development agreement with Panattoni >> City of Roseville Resolution No. 21-080

  • by Advocate

    • City of Roseville signed industrial development agreement with Panattoni >> City of Roseville Resolution No. 21-080

    • City Manager executed Option and Purchase and Sale Agreement (“PSA”) between City of Roseville and industrial developer (Panattoni Development Corporation, aka PDC Sacramento LPIV, LLC).
    • $34,519/acre does not reflect fair market value (FMV) price for Phillip Road Site considering plan by City Councilmembers and Panattoni to re-zone for industrial use.
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