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26-742
| 1 | D.1. | | Action Items | SUBJECT: Discussion on the Roles and Duties and Setting Reoccurring Meeting Dates and Time for the Finance and Economic Development Subcommittee
REPORT IN BRIEF
The Subcommittee will discuss the roles and duties of the subcommittee and discussion how often this subcommittee should meet and make a recommendation to Council for final approval.
RECOMMENDATION
Provide Staff direction with the Subcommittee’s recommendation for the subcommittee’s roles and duties and how often the subcommittee meets. | | |
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26-744
| 1 | D.2. | | Action Items | SUBJECT: Recommendation for Proposal Selection to the City Council for the Sale of City-Owned Real Property at 626 W. Main Street (APN 031-134-025)
REPORT IN BRIEF
Make a recommendation to the City Council to select a development proposal submitted in response to the City’s Request for Proposals (RFP) for the City-owned property located at 626 W. Main Street (APN 031-134-025). The site is located south of Main Street, between M Street and N Street (Exhibit 1 - Location Map), and is adjacent to several undeveloped parcels. The property is approximately 2,500 square feet, zoned Central Commercial (C-C), and has a General Plan land-use designation of Regional Community Commercial (RC).
The parcel was appraised at $55,000 and was transferred from the Successor Agency to the former Redevelopment Agency and recently to the City of Merced on January 5, 2026, for future development purposes (see Exhibit 6 regarding this Administrative Report #26-039).
The City’s RFP solicitation period ran from June 3, 2026, through June 30, 2026. During this time, staff received three independent deve | | |
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26-740
| 1 | E.1. | | Business Item | SUBJECT: Subcommittee Comments
REPORT IN BRIEF
Provides an opportunity for the Subcommittee Member(s) to make a brief announcement on any activity(ies) she/he has attended on behalf of the City and to make a brief announcement on future community events and/or activities. The Brown Act does not allow discussion or action by the legislative body under this section. | | |
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26-739
| 1 | E.2. | | Business Item | SUBJECT: Request to Add Item to Future Agenda
REPORT IN BRIEF
Provides members of the Subcommittee to request that an item be placed on a future Subcommittee agenda for initial consideration by the Subcommittee members. | | |
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