Successor Agency Property Negotiations
Summary
The council negotiated privately over price and payment for five parcels tied to GMB Land, LLC/Steve Galvez. Any eventual purchase would need to come back to the public for a vote.
At a glance
- Total mentions
- 4
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Nov 10, 2026.
Impact analysis
Unknown — price and payment terms are exactly what was being negotiated behind closed doors.
Could end up being the city (a good deal) or the seller, depending on the final terms.
Property owners whose land is being acquired through eminent domain.
Mentions & discussions (4)
City Council
Behind closed doors, the Successor Agency will negotiate price and payment terms on two parcels with Lake Elsinore Storm LP and Golden State Concessions and Catering.
City Council Special Meeting
The Successor Agency is negotiating price and payment terms with the Lake Elsinore Storm and its concessionaire over the Diamond Stadium property. Everything happened behind closed doors, and no deal terms are public yet.
City Council Special Meeting
The council negotiated privately over price and payment for five parcels tied to GMB Land, LLC/Steve Galvez. Any eventual purchase would need to come back to the public for a vote.
City Council
The city is using eminent domain to acquire two private parcels (APN 373-151-014 and APN 374-173-004) to build a new parking facility for the downtown area. While one property acquisition passed unanimously, the other drew a dissenting vote from Council Member Manos.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Lake Elsinore
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.