Sunday, December 09, 2007

Rail Yards Resolution

It is good to see this resolved.

Railyard parties resolve dispute
Developer agrees to donate two historic buildings for a museum.
By Mary Lynne Vellinga - mlvellinga@sacbee.com
Published 12:00 am PST Sunday, December 9, 2007


Ending a quarrel with the state that threatened its entire project, the developer of Sacramento's downtown railyard Saturday agreed to donate two historic shop buildings to the state parks department for a museum of railroad technology.

In a deal brokered by state Sen. Darrell Steinberg and Assemblyman Dave Jones, both Sacramento Democrats, Thomas Enterprises also received assurances that the state would raise the money needed to build a high-quality museum.

"We've reached agreement on all the major business terms, but the lawyers are still exchanging documents that will be finalized in the next couple of days," said Suheil Totah, vice president of Thomas Enterprises.

Totah said he expects a signed agreement to be in place before a scheduled Tuesday vote by the Sacramento City Council on the entire railyard project.