City Council Agenda
Memo to:
Manteca City Council
From:
Toni Lundgren, City Manager
Prepared by: Vanessa Carrera, Deputy Director – Economic Development; Brad Wungluck, Director of Development Services; City Attorney's Office
Date: November 17, 2026 Subject: Approval of Purchase Agreement with Drake Manteca LLC for the Sale of City-Owned Property located at 1403 W. Atherton Drive; Surplus Land Act, General Plan Conformity, CEQA Determinations.
Recommendation:
title
Adopt a resolution 1) finding that the City has complied with the Surplus Land Act (Government Code Section 54220 et seq.) with respect to the property at 1403 W. Atherton Drive; 2) finding that the Planning Commission has reported that the proposed disposition conforms to the City's General Plan under Government Code Section 65402; 3) Determining that approval of the Purchase Agreement does not commit the City to approve any development project and that environmental review under the California Environmental Quality Act (CEQA) will be completed before the City takes any discretionary action on Buyer's project; 4) Approving the Purchase Agreement with Drake Manteca LLC, a Colorado limited liability company, for a purchase price of $4,000,000; and 5) authorizing the City Manager to execute the Purchase Agreement, the Grant Deed, the Memorandum of Condition Subsequent and Power of Termination, and all related escrow and closing documents, in a form approved by the City Attorney.
body
Background:
In January 2024, the City purchased property located at 1403 W. Atherton Drive (APN 226-16-022), consisting of approximately 3.85 acres, for $2.2 million using General Fund reserves. In July 2026, a lot line adjustment transferred approximately 0.15 acres to the adjacent parcel at 1565 W. Atherton Drive (APN 226-16-003) to accommodate a future digital billboard. Following the adjustment, 1403 W. Atherton Drive now consists of approximately 3.7 acres.
In June 2026, CBRE, I...
Click here for full text