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Development Agreement Amendment 26-002 for McGrath RentCorp

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State & Local

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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The City of Livermore is authorizing the first amendment to Development Agreement 08-002 with McGrath RentCorp, extending the agreement’s term by thirty years until 2059 and modifying its boundary lines. The amendments are designed to facilitate a commercial land transfer to a high-revenue commercial user, aligning with the city’s broader economic development goals. Key obligations for the property owner have been revised to ensure strong support for the 2045 General Plan and Midtown Area planning objectives, reinforcing long-term urban development priorities in the region. The amendment reflects a strategic effort to enhance land use efficiency and stimulate economic growth within the designated area. Jake Potter, the City’s Economic Development Manager, serves as the primary point of contact for this amendment, with Mike Bray of McGrath RentCorp listed as the applicant. The agreement is publicly tracked under project number 2026080131 and was posted for forecast on August 5, 2026. This action marks a pivotal step in the city’s efforts to guide commercial evolution in Livermore’s Midtown, balancing private investment with public planning goals to ensure sustainable, high-value development for decades to come.

General Info

Livermore extends McGrath RentCorp’s development agreement by 30 years to 2059, adjusting boundaries for high-revenue commercial use.

Agency

California → City of Livermore

NAICS

237210 - Land SubdivisionView NAICS

Place of Performance

Livermore, CA

Set-Aside

NONE

Documents

(1)

Notice of Exemption for Development Agreement Amendment 26-002 McGrath RentCorp

PDF•notice-of-exemption

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Timeline

PostedAug 5

forecast

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Organization & Contact Information

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AgencyCalifornia → City of Livermore

Contacts2 people available

OfficeN/A

Organization / Agency

California → City of Livermore

Office AddressN/A

Contacts

Jake PotterEconomic Development Manager

contact@example.gov

+1 (555) 000-0000

Mike BrayApplicant

contact@example.gov

+1 (555) 000-0000

Full Description

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The Project is an ordinance authorizing the first amendment to Development Agreement 08-002 (Agreement) with McGrath RentCorp. Generally, the Agreement term would be extended 30 years to 2059, the Agreement boundary would be adjusted, and the Property Owner Obligations would be modified to: 1) effectuate a commercial land transfer to a high-revenue commercial user; and 2) secure support for 2045 General Plan and Midtown Area planning objectives.

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