What: Land Bank sales of city-held lots, standard pricing and a pending policy rewrite.
Where it stands: On 2026-09-01 the Land Bank approved Resolution 03-2026 (sale of a Sutter Highlands lot, $5,000) and 04-2026 (purchase of an adjoining lot, $5,000, to clean up a lot swap), 5-0, and voted 5-0 to put another pending lot offer on the next agenda before a new policy is enacted. The 2026-10-06 agenda lists Resolutions 05-2026 to 08-2026: C&C Homes LLC for Manns Ranch Addition lots, $35,000; Deer Creek lots at $5,000 each; and R&R Developers for a Spring Valley lot, $5,000; plus a policy discussion. The 2026-11-10 retreat also lists Land Bank policies.
Next: Policy decision; outcomes for 2026-10-06 not yet posted.
Details
Staff describe the standard offer as $5,000 per lot and a developer or contractor price of $2,500 per lot for five or more lots.
Sources
Agendas, agenda packets and posted minutes for the meetings logged below, on the city's agenda portal (see each meeting page).