Summary
The city is spending $959,000 to buy property at 9392 West Stockton Boulevard. A resident questioned whether an independent appraisal supported the price; staff explained it was a fair-market negotiation using comparable sales and recent nearby appraisals, under Government Code Section 37350.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 14, 2026.
Impact analysis
Adds $959,000 to the FY 2026-27 budget.
The city acquires the property; residents gain transparency if the process is fully explained.
Critics say taxpayers risk overpaying without an independent appraisal disclosed.
Mentions & discussions (4)
City Council (Regular) - Oct 14, 2026
The city is spending $959,000 to buy property at 9392 West Stockton Boulevard. A resident questioned whether an independent appraisal supported the price; staff explained it was a fair-market negotiation using comparable sales and recent nearby appraisals, under Government Code Section 37350.
City Council (Special) - Jul 22, 2026
The city is negotiating price and terms over a parcel on West Stockton Boulevard. Details are confidential until a deal is reached.
City Council (Regular) - Jun 24, 2026
The city is spending about $4.96 million to buy two properties on West Stockton Boulevard and will hire a manager for them.
Elk Grove purchases 63 acres of land for $5.1M with plans to annex it
Elk Grove purchases 63 acres of land for $5.1M with plans to annex it Sacramento Bee
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