Update 12/11/2025: Exclusive Negotiating Agreement between the City of Novato and Marin Valley Mobile Country Club Residents Concludes

We appreciate the community’s engagement and patience throughout this process. MVMCC remains a vital community asset, providing Novato seniors with the opportunity to age in place with dignity, stability and a true sense of community.  

While the ENA is coming to a close, the City remains committed to open communication and continued collaboration with the Park Acquisition Corporation and all MVMCC residents to ensure the long-term affordability, security and sustainability of the park. 

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Background

The City of Novato has owned the Marin Valley Mobile Country Club since 1997, following a unique community-driven acquisition intended to preserve affordable housing opportunities for seniors and others. Since that time, the City has maintained ownership, while day-to-day operations have been managed under a delegation agreement with the Park Acquisition Corporation (PAC).  The PAC, in turn, contracts with a professional property management firm, The Helsing Group, to carry out the park’s daily functions.

Exclusive Negotiating Agreement

In May 2024, the City of Novato entered into an Exclusive Negotiating Agreement (ENA) with the Park Acquisition Corporation (PAC) of the Marin Valley Mobile Country Club (MVMCC). This agreement provides a structured timeframe for the City and PAC to engage in focused discussions and due diligence to determine whether a potential purchase of the park by PAC from the City is feasible.

The ENA allows both parties to explore the financial, operational, and legal aspects of a potential sale of the MVMCC to PAC. The goal is to assess whether PAC—representing the resident community—can take ownership of the park in a manner that ensures its long-term sustainability and alignment with community interests. The negotiating period for the ENA expires December 31, 2025. 
 
Per the ENA, the PAC was to provide City with an Acquisition and Financing Proposal on or before June 30, 2025.  The PAC met this deadline and submitted its proposal to the City on June 23, 2025. For reference, the PAC’s Acquisition and Financing Proposal dated June 19, 2025, and amended on July 7, 2025, are included below.

On August 11, 2025, the PAC and Marin Valley Cooperative (MVC) submitted a counteroffer to the City, linked below. 

Counteroffer to City from PAC/MVC (August 11, 2025)

Amended PAC Acquisition & Financing Proposal (July 7, 2025)

PAC Acquisition & Financing Proposal (June 19, 2025)

City’s Response 

On July 16, 2025, the City declined the PAC’s initial offer, and on September 17, 2025, it declined the PAC's counteroffer. The City’s response letters, along with a letter regarding ENA and the City’s appraisal prepared by Semple Appraisals, Inc. may be viewed below. 

City's Letter to PAC regarding Exclusive Negotiating Agreement (December 12, 2025)

City's Response Letter to PAC Counteroffer (September 17, 2025)

City's Response Letter to PAC (July 16, 2025)

Appraisal of MVMCC prepared by Semple Appraisals, Inc. (July 15, 2025)