Inland Real Estate Group who took over the defaulted railyards last October will appear before the City Council this Tuesday to discuss some of their plans. According to The Sacramento Press; Dean Stermer of Inland said that "Our primary job is to complete the work that's ongoing right now" and that “item authorizing Interim City Manager Gus Vina to appropriate $7.5 million in federal funds and transfer $1.5 million from the city's State and Federal Grant Match Project for railyards access improvements to Richards Boulevard and Interstate 5. The contract is expected to be awarded in March. The total cost of the project is estimated at more than $10 million."
The City Council meeting at 6 p.m. Tuesday will be the council's last for 2010.
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Inland's presentation has been postponed till early January so they can have a better presentation to the City Council.
http://www.sacramentopress.com/headline/42262/Inland_presentation_postponed
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