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The City of Calistoga is poised to own and control the future of the Napa County Fairgrounds property following agreement announced by Napa County and City of Calistoga officials.
Under the agreement, the City of Calistoga would acquire the entire Fairgrounds property for $225,000 per acre, in an “as is condition”, for the total estimated price of $15,885,000. The agreement also includes a revenue-sharing formula on future development of the property.
The 70-acre Fairgrounds property was for many years home to the Napa County Fair, the Calistoga Speedway, the Mount Saint Helena golf course, the Calistoga RV Park, and other public assets. While parts of the property are still rented for meetings and special events, it has been largely inaccessible to the public and has fallen into serious disrepair. The golf course officially closed in 2019.
City and County officials said the agreement represents a bright future for the Fairgrounds property and especially for Calistoga residents and businesses, who will have significant input into the property’s future uses.
“After many years of discussions and compromise by both parties, the City of Calistoga and the County of Napa are poised to present an opportunity for Calistoga to acquire ownership and operation of the Napa County Fairgrounds located in the heart of the City of Calistoga and return it to its intended purpose of public use. While some of the terms and conditions may not be ideal, they are acceptable to both parties at this point and ready for consideration by the public,” said Calistoga Mayor Chris Canning.
“The parties have persevered, through wildfires, a pandemic and an economic downturn, and have finally produced a positive result for the people of Napa County and especially for the City of Calistoga,” said Napa County Board of Supervisors Chair Ryan Gregory. “I’m optimistic that the County and City will continue to collaborate so that this important community asset can return to long-term, beneficial public use,” said Gregory.
To facilitate the transaction, the City of Calistoga has begun to assess the formation of a Community Facility District (“CFD”) in accordance with the Mello-Roos Community Facilities Act of 1982, and the issuance of tax-exempt bonds, which will be subject to approval by Calistoga voters, likely via all-mail ballot in early 2023.
Key Milestones Leading to Today’s Announcement
For additional information the please contact [email protected] or by calling 707-253-4111.