Agenda Item No: J.9
AGENDA REPORT
DATE: July 7, 2026
TO: Mayor and Council
FROM: David Gassaway, City Manager
SUBJECT: Resolution 2026-155 CD-NorthBay Purchase and Sale Agreement
Approving and Authorizing the Execution of the Purchase and Sale Agreement Between the City of Fairfield and NorthBay Healthcare Corporation for the Property Located on Suisun Valley Road (Assessor Parcel Number 0027-260-230)
Funding Source: N/A
Contact: Dave Zellers, (707) 428-7436
RECOMMENDED ACTION
Adopt resolution.
STATEMENT OF ISSUE
Staff are recommending that the City of Fairfield enter into the Purchase and Sale Agreement with Northbay Healthcare Corporation for the purpose of selling the 6.71-acre parcel located on Suisun Valley Road Assessor Parcel Number (APN) 0027-260-230.
DISCUSSION
The City owns a 6.71-acre parcel located on Suisun Valley Road (Property). NorthBay Healthcare Corporation (NorthBay), which owns the adjacent parcel, has expressed interest in acquiring the Property for the development of a new hospital campus.
On July 1, 2025, the City Council declared the Property as surplus land. The California Department of Housing and Community Development (HCD) subsequently confirmed the City’s compliance with surplus land requirements on October 15, 2025.
The City and North Bay have negotiated the proposed Purchase and Sale Agreement (Purchase Agreement) under which Northbay would purchase the Property for its appraised fair market value of $1,460,000. The Purchase Agreement als o includes a provision allowing the City to repurchase an easement on the Property for the future installation of an electronic billboard.
Both parties wish to move forward with the transaction and are prepared to execute the Purchase Agreement.
FINANCIAL IMPACT
The purchase price for the Property is $1,460,000. Proceeds from the sale will be deposited into the Intergovernmental Loan Fund for future economic development purposes (Fund 551).
PUBLIC CONTACT/ADVISORY BODY RECOMMENDATION
N/A
ALTERNATIVE ACTION
The council may choose to modify or deny the proposed Purchase Agreement.
COORDINATED WITH
City Attorney’s Office
STAFF CONTACT
Jennifer Rice, Economic Development Specialist
(707) 428-7727
[email protected]
ATTACHMENTS
Attachment 2: Proposed Resolution
Attachment 3: Proposed Purchase and Sale Agreement