Tuesday, March 1, 2016

Seaside considers extending Monterey Downs agreement another year

The Seaside City Council will consider a third amendment to the Exclusive Negotiating Agreement with Monterey Downs, LLC for the proposed Monterey Downs and Monterey Horse Park in the former Fort Ord.

The amendment is an extension of the agreement for twelve months so the city can complete its compliance with the California Environmental Act (CEQA), to obtain the project entitlements and to complete negotiations of the Disposition and Development Agreement.

“The extension is necessary for the city and the applicant to both continue to meet the terms of the ENA and requirements for the parties to move forward,” said Teri Wissler Adam, Seaside contract project manager.

The Final Environmental Impact Report – a key component to completing the project – has not yet been submitted and there is no scheduled date for its publication.

“There are other thing that need to occur, but it is the EIR that is at the crux of it,” said Adam.

The council will also receive the Monterey Downs Fiscal and Economic Impact Analysis Final Draft Report dated Aug. 2015 at the Thurs. March 3 meeting. That report was prepared by Willdan Associates for Monterey Downs, LLC and the peer review and supplemental sensitivity analysis conducted by Economic & Planning Systems on behalf of the City of Seaside.

“The idea is to provide the council with economic and fiscal information on the project,” said Adam. “There are no decisions being made on the project.”

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