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26-1793

Approve revised Schedule of Performance within Agreement with Pelican Communities, LLC, for sale and development of City-owned vacant land, formerly known as Downtown Terminal Property, for development of mixed-use student housing project - Approve assignment of all rights and obligations under agreement with Pelican Communities, LLC, to Overland Pelican Riverside, LLC, consistent with developer’s established joint-venture structure - 3911 University Avenue and 3775 Fairmount Boulevard (Ward 1)

Community and Economic Development Agenda Ready Introduced May 14, 2026

What this record is

Held by
Pelican Communities, LLC 4 records across this site
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract

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Read automatically from the title of the official record. The source document below is authoritative.

Pelican Communities, LLC also holds

Purchase, Sale and Development Agreement with Pelican Communities, LLC., for sale price of $200 for City-owned vacant land formerly known as the Downt… $200 Riverside, CA Purchase, Sale and Development Agreement with Pelican Communities, LLC., for total sale price of $200, in lieu of receiving total value of the land of… $1.83M Riverside, CA Purchase, Sale and Development Agreement with Pelican Communities, LLC., for $920,000 minus related title, escrow, and miscellaneous closing costs, no… $6K Riverside, CA
Committee
City Council
Requested by
City Clerk
Introduced
May 14, 2026
On agenda
July 14, 2026

Where it was heard

City Council Jul 14, 2026 City Council Jul 14, 2026

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