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HomeMy WebLinkAbout_ 3A--Closed Session - Property Negotiations � � �' � � � � � � ' � �' � � ' � ` CITY OF REDDING REPORT TO THE CITY COUNCIL MEETING DATE: June 3,2025 FROM: Barry Tippin, City Manager ITEIVi NO. 3A ***APPROVED BY*** btippin@cityofredding.org SUBJECT: 3A--Closed Session - Property Negotiations re property located at the Dragstrip on Old Ore on Trail. Recommendation Closed Session pursuant to California Government Code Section 54956.$: CONFERENCE WITH REAL PROPERTY NEGOTIATOR Property Location: Redding Motorsports Park/Redding Drag Strip, located on Old Oregon Trail, a licensed portion of Assessor's Parcel Nos. 054-270-004 and 056-130-031 Agency Negotiator: City Manager Tippin Negotiating Parties: City of Redding and Redding Drag Strip, Inc.; Redding Motorsports Park; Stillwater MX; Shasta Kart Klub; and Shasta Supermoto Under Negotiation: Price and Terms