Thursday, July 28, 2005

Council OKs changes to Nut Tree development deal

With a measure of glee and good spirits, the Vacaville City Council approved some changes Tuesday night to the city's agreement with Nut Tree developer Snell & Co.

The council unanimously approved an amendment to the 2003 development agreement, allowing Snell & Co. to purchase more land for parking and extending the deadline for the close of escrow to the first week of September.

The developer will now enter into negotiations with the city over a 3.9-acre piece of property currently being used as temporary parking for Travis Credit Union Park. A representative from Snell & Co. said last week that the lot could add up to 90 parking spaces for the project, which will mesh retail, eateries and a family park.

Ground is expected to break on the project the second week of August.

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