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Monterey Downs Negotiations Extension – 03/03/15 09:15 MK

Seaside’s City Council will be voting on whether or not to extend negotiations for another year with the Monterey Downs developer. The Monterey Downs proposal will contain a thoroughbred race track, 1,280 housing units, hotels, and a commercial center. In September 2010 a one-year “exclusive negotiation agreement” was signed to extend the time to refine project plans, finish a market feasibility study and complete the state’s environmental review process. Following this agreement several other extensions were made, these will expire next week. City staff is encouraging a “yes vote”. When the Draft Report is released it will be subject to a 60 day public review period. The Seaside City Council is set to meet this Thursday at 7 p.m. at City Hall, 440 Harcourt Ave.

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