CITY OF POMONA, CA
 Vibrant, Safe, and Beautiful
 
File #: 26-1005    Version: 1 Name:
Type: Discussion Status: Agenda Ready
File created: 12/16/2025 In control: City Council / Housing Authority / Successor Agency to the Redevelopment Agency
On agenda: 1/26/2026 Final action:
Title: Options for the Development and/or Disposition of 252 E. 4th Street Property It is recommended that the City Council discuss options related to the development or disposition of the property located at 252 E. 4th Street, Pomona, CA 91766 and provide direction to staff. The options are: 1) Rehabilitate the Property and Award a Construction Contract to Fidelity Builders, Inc. (FD428, CIP Fund | CC1702, Housing Administration | Project Worktag No. 71210, 252 E. 4th Street - Major Rehabilitation ) to include base bid items plus a 15% contingency, in the total amount of $5,264,355; 2) Sell the Property and Use Proceeds to Purchase a Comparable Property for Use as Affordable Housing; and, 3) Demolish the Property and Use Land and Grant Funds to Develop New Affordable Housing.
Attachments: 1. 252 Options_revised final staff report, 2. Attachment 1 - Slide Presentation_Disposition Options for 252 E 4th St Property.pdf, 3. Attachment 2 - Pomona - Agreement - Fidelity Builders.pdf
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Options for the Development and/or Disposition of 252 E. 4th Street Property

 

It is recommended that the City Council discuss options related to the development or disposition of the property located at 252 E. 4th Street, Pomona, CA 91766 and provide direction to staff. The options are:

 

1)                     Rehabilitate the Property and Award a Construction Contract to Fidelity Builders, Inc. (FD428, CIP Fund | CC1702, Housing Administration | Project Worktag No. 71210, 252 E. 4th Street - Major Rehabilitation ) to include base bid items plus a 15% contingency, in the total amount of $5,264,355;

 

2)                     Sell the Property and Use Proceeds to Purchase a Comparable Property for Use as Affordable Housing; and,

 

3)                     Demolish the Property and Use Land and Grant Funds to Develop New Affordable Housing.