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Council authorizes purchase-option agreement for Old County Courtyard parcel; MOU, design contract approved for River catalyst project
Summary
The council authorized a purchase-option agreement selling a 0.12-acre portion of the Old County Courtyard property to TRTR LLC, approved a related catalyst project memorandum of understanding and authorized a contract amendment with Design Workshop to continue river-corridor planning and design work.
The Truckee Town Council on May 27 authorized a purchase option agreement with TRTR LLC for a 0.12-acre portion of the town-owned Old County Courtyard property on West River Street and approved related actions intended to advance a mixed public-private “catalyst” project along the Truckee River.
Staff described the property’s history, remediation efforts and prior master-planning dating to the 2010–2011 period, and said the town acquired the parcel from Nevada County in February 2004. Dan Wilkins, presenting for staff, said the buyer would pay $390,000 for the parcel, contribute $300,000 toward development of an off-site public parking lot, and accept contract milestones and development-timeframes in a five-year option to ensure the property is developed rather than held vacant. The sale is contingent on project approvals: a land-use permit, building permits and completion milestones described in the option agreement.
Council members discussed public benefits staff said the plan would deliver: a publicly owned river-front park built by the town, activation of West River Street with private uses at the parcel “bookends,” and construction of a public parking lot on railroad-adjacent land the town has easement rights to. Staff emphasized the sale would not pre-approve a private development; any project would still require standard review, public notification and planning-commission review.
Council also authorized a catalyst-project memorandum of understanding with TRTR LLC to formalize collaboration, and approved a contract amendment with Design Workshop for continued work on R2SC (River Revitalization Steering Committee) catalyst projects and the R2SC playbook at a not-to-exceed amount of $143,600.
Why it matters: staff and council described the proposal as a public-private partnership intended to deliver a publicly accessible park and help catalyze redevelopment of the downtown river corridor. The agreement commits the private party to contributions toward parking, time-bound development milestones and future discretionary planning review; the town retains control of parkland and must approve any private development through the usual land-use process.
The purchase-option agreement and related measures passed unanimously among the four members present; one member was absent.
