A deal between the City of Temecula and Wild Rivers Inc. is one step closer to being sealed.
The agreement calls for the corporation to put a deposit of $1 million to buy a 19-acre piece of land on Dendy Parkway and Diaz Road in northwest Temecula.
The $1 million will be applied toward the purchase price, but the city plans to first have the land appraised, then a final price needs to be negotiated.
The planned site of the park was once slated to have a large educational complex, but the deal fell apart. The city now owns the land.
To read about it, click here.
A waterpark plan was developed in Temecula twice, and both times if fell apart.
The first time, it was approved to go on Ynez Road just north of Winchester Road. Then a group of local business owners sued the city, because they said it would snarl traffic.
They won the suit, and years later, the city broke the lot up into smaller parcels to encourage residential development.
To read about that, click here.
The second time, it was slated for the Diaz Road and Dendy Parkway site, but the company backed down when the economy tanked.