Commemorative Dedication and Name
Application for Parks and Recreation Facilities
Community Services Department
Refer to the City of Vacaville’s “Policy for the Naming, Dedication and Sponsorship of City Facilities and Acceptance of Donations” Applicant Information
Name: ____________________________________________________________________________________ Address: ____________________________________________________________________________________ Phone: ____________________________________________________________________________________ Email: ____________________________________________________________________________________ My Recommendation is for: Naming a New Park or Recreation Facility Renaming Existing Park or Recreation Facility
Naming / Renaming a Portion of a New or Existing Park or Recreation Facility
Proposed Name of Park or Recreation Facility: _____________________________________________________ ____________________________________________________________________________________________ Location / Property Description of Park or Recreation Facility: _________________________________________ ____________________________________________________________________________________________ Current Name of Park or Recreation Facility (if applicable):____________________________________________ Classification of Proposed Name (Check all that apply):
Historical Significance to Location
(e.g. historical event, landmark, person, or group of major significance to region/location) Commonly Recognized by Neighbors or Residents
Compliments the Theme of the Location, Neighborhood or Surrounding Area Natural Phenomena of Site (e.g. rivers, creeks, terrain, mountains, etc.) Horticultural (e.g. trees, plants, flowers, or other horticultural features of area) Deceased Individual (deceased for at least 3 years and has long standing affiliation with City of 10 years or more)
Living Individual (requires long-standing affiliation with City of 10 years or more) Group or Organization (requires long-standing affiliation with City of 10 years or more) Donation or Sponsorship
Other: ___________________________________________________________ Please describe the reason(s) in support of the proposed name or renaming of this park / recreation facility (if more room is needed, please attach separate sheet and write “See Attached” below):
____________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ Item 12.c
For recommendation of an Individual (whether deceased or living), please indicate individual’s long-standing affiliation with Vacaville (10+ years or more) of significant community service, involvement or contributions.
Specifically indicate how this person has: (a) Enhanced the quality of life/well-being of Vacaville’s residents, (b) Contributed to the preservation of the Vacaville’s history and culture, (c) Made exemplary or meritorious contributions to Vacaville or its residents, or (d) Contributed to the acquisition, development or conveyance of land, buildings, structures or other amenities to the Vacaville Community (if more room is needed, please attach separate sheet and write “See Attached” below):
______________________________________________________________________________________________________ ____________________________________________________________________________________________ ____________________________________________________________________________________________ Supporting Documentation (Required for recommendations of an Individual’s name):
I have included the following documentation to demonstrate broad-based community support for my recommendation:
Letters
Character references
Newspaper or journal articles
Petitions
Other Documentation: _________________________________________ The following conditions will apply to all Commemorative Dedication and Name Applications:
All applications submitted to the Facility Naming Committee for the purpose of naming or renaming a new or existing park/recreation facility must be filled out completely and accurately with supporting documentation in accordance with and as required by the City of Vacaville’s Policy for the Naming, Dedication and Sponsorship of City Facilities and Acceptance of Donations (hereinafter “The Policy”). The Policy is available on the City of Vacaville’s website, which can be found at (http://www.cityofvacaville.com/content/city_information/facilitiesna.php) and/or hard copies may be requested from the Community Services Department.
The naming or renaming of a park or recreation facility will be considered only through this application process.
Incomplete, illegible and/or fraudulent applications will not be considered. The City of Vacaville (e.g. Community Services Commission, Facility Naming Committee) reserves the right to verify the identity of the Applicant submitting this application to ensure its validity.
The Vacaville City Council will have the final decision as to the naming/renaming of a park or recreation facility and reserves the right to reject any and all proposed names and/or applications submitted for consideration.
Signature of Applicant: ________________________________ Date of Submission: ________________________ Return Completed Application Packets To:
City Of Vacaville
Community Services Department
40 Eldridge Avenue, Suite 13
Vacaville, CA 95688
Item 12.c
Naming, Dedication, and Sponsorship of City
Facilities and Acceptance of Donations Policy
Updates
October 13, 2026
Item 12.c
Policy Background
Adopted in 2009
Resolution No. 2009-18 established the policy for the naming, dedication, and sponsorship of City facilities and acceptance of donations.
Existing Framework Continues
The policy guides facility naming and renaming, commemorative recognition, and acceptance of donations.
Purpose of the Update
Clarify standards, recognition criteria, and administrative procedures.
October 13, 2026 Agenda Item - Slide of 8 2
Item 12.c
Exceptional Circumstances for Renaming a City
Facility
1. Honoree has been convicted of a serious criminal offense.
2. Credible historical research reveals the honoree played a direct role in documented human rights abuses or was named based on materially false information.
3. Naming rights or donor agreement has expired, been breached, or the named party has dissolved.
4. Court order or binding legal judgement requires the change.
5. Name creates confusion with another facility or emergency services routing.
6. Facility has been so substantially rebuilt, relocated, or repurposed that it effectively constitutes a new facility.
October 13, 2026 Agenda Item - Slide of 8 3
Item 12.c
Community Support for Renaming
Facility Type Required City Resident Support
Portion or area within a facility 50 or more signatures with addresses Neighborhood or community
facility
150 or more signatures with addresses
Citywide of major facility 300 or more signatures with addresses October 13, 2026 Agenda Item - Slide of 8 4
City Council retains discretion over renaming decisions.
When the criteria for renaming a facility are met, demonstrated community support is also required:
Item 12.c
Naming and Recognition Criteria
Names to Avoid
Clarifies restrictions on discriminatory or confusion names, unsuitable commercial associations, current officials or employees, and overt commercialism.
Community Contributions
Clarifies longstanding affiliation and significant service. Broadens recognition of deceased residents beyond specified service fields or work that has meaningfully benefited the Vacaville community.
Living Honorees
Allows review and rescission if subsequent conduct would have disqualified the original nomination.
October 13, 2026 Agenda Item - Slide of 8 5
Item 12.c
Donations and Administrative Updates
Donation Recognition
A donation does not guarantee a naming opportunity or recognition equal to its value. City retains discretion over recognition.
Donation Threshold
Updates the donation threshold for Council approval, from $10,000 to $50,000.
Application Review
Clarifies staff responsibilities and updates department and commission names.
City Control
Maintains City discretion over donated items and the design and placement of plaques, monuments, and signs.
October 13, 2026 Agenda Item - Slide of 8 6
Item 12.c
Recommendation
• By simple motion, adopt the subject resolution.
October 13, 2026 Agenda Item - Slide of 8 7
Item 12.c
Questions or Comments
October 13, 2026 Agenda Item - Slide of 8 8
Item 12.c
CITY OF VACAVILLE
CITY COUNCIL
STAFF REPORT
Meeting Date: October 13, 2026
To: Honorable Mayor and City Council Members
Attention: Savita Chaudhary, City Manager
From: Erin Morris, Community & Economic Development Department (Erin Morris, Director of Community & Economic Development (707) 449-5307)
Subject: Resolution of the City Council of the City of Vacaville authorizing the City Manager to execute a Purchase and Sale Agreement with Green Acres Nursery and Supply, LLC for a 13.45 acre property located at 50 Nut Tree Road, and authorizing the City Manager or designee to execute all necessary deeds and
escrow documents to effectuate the sale of the property.
Actions for Consideration:
Adoption of a resolution to authorize the City Manager to execute a Purchase and Sale Agreement with Green Acres Nursery and Supply, LLC for a 13.45-acre property located at 50 Nut Tree Road, including APNs 0129-240-560 (10.08 AC), 0129-240-310 (2.22 AC), and 0129-240-320 (1.17 AC), and authorizing the City Manager or designee to execute all necessary deeds and escrow documents to effectuate the sale of the property.
Recommendations:
By simple motion, adopt the subject resolution.
Background:
Green Acres Nursery and Supply LLC (“Green Acres”) is a privately owned company with seven retail locations in California and two stores in Texas. The closest Green Acres stores to Vacaville are located in Sacramento and Elk Grove, and there are no existing Green Acres locations east of Sacramento. The Vacaville store would be modeled after the newest Roseville store and would consist of an approximately 27,500 square foot retail building, a 13,800 square foot greenhouse, a 25,500 square foot lath house, and approximately 236 parking spaces. In addition to retail plants, outdoor living goods (patio furniture, grills, and high-end accessories) would be sold. If constructed in Vacaville, Green Acres is anticipated to be a Top 25 sales tax revenue generator for the City.
Item 12.d
The 13.45-acre property located at 50 Nut Tree Road was previously developed with Travis Credit Union Park. The property, which is comprised of three parcels, is on the northerly side of Nut Tree Road adjacent to the Nut Tree Airport. Vacant land owned by Solano Community College is to the west and the new Valley Strong Credit Union is located to the east. The property is irregularly shaped and has a drainage feature running along the north, which separates a portion of the property from the remaining property. Based on these existing features, approximately 9 acres of the property are developable.
In 2021, the City began efforts to attract Green Acres to the City of Vacaville. In January 2022, the City completed the Surplus Land Act process for the site. The property was appraised in 2022, 2023, and 2026, and City staff have met with Green Acres numerous times in support of various due diligence activities. In May 2026, City Council directed staff to prepare a Purchase and Sales Agreement. In July 2026, the City and Green Acres executed an at-risk letter agreement regarding the submission of development entitlement applications prior to close of escrow. Under this agreement, Green Acres may submit development applications at their own risk and expense, prior to the close of escrow. The letter agreement does not obligate the City to approve any entitlement(s), or guarantee that the property will be ultimately conveyed to Green Acres. This arrangement allows the entitlement process to run concurrently with the Purchase and Sale Agreement negotiation and execution, reducing overall project delivery time.
Discussion:
The City is now appropriately positioned to initiate the process of disposing of the declared surplus properties and execute the negotiated Purchase and Sale Agreement (Attachment 2) with Green Acres to sell the property for $2,000,000. If approved by Council this evening, City staff will work with Green Acres to finalize the Agreement while Green Acres also continues pursuing land use entitlements and construction permits to build a Vacaville Green Acres store.
The Purchase and Sale Agreement (“PSA”), attached in draft form to this report, establishes the proposed terms and conditions of the property sale. Terms of particular note are outlined below:
1. The City will receive a deposit of $100,000 within three days of the effective date of the PSA, applied toward the purchase price at close of escrow or retained by City in the event of a termination of the PSA due to the buyer’s default, as defined in the PSA.
2. Escrow will close on or before July 31, 2027, and Green Acres will have 210 days from the Effective Date of the PSA to complete all due diligence activities contemplated by the PSA, including to cooperate with the City regarding a potential sales and use tax sharing agreement.
Green Acres will provide copies of all studies, reports, and other due diligence materials it obtains to the City within ten days of the due diligence period expiring or being terminated.
3. The Property is sold in “as-is” condition, and Green Acres will rely only on its own investigation and analysis in agreeing to purchase the Property.
In sum, the proposed project will result in job creation and additional revenue to the City, providing significant economic benefits. The project anticipates making a substantial capital investment in Item 12.d
bringing the project online, and will create approximately 200 temporary construction jobs, between field roles and support roles, and 25 part-time and 30 full-time positions when the business is operational. In addition, the City will now begin to receive income from property taxes on these parcels, as the City does not currently pay property taxes as the owner of the site. There will also be substantial annual sales tax revenue resulting from the operation of the business. Based on the facts presented here and the negotiated draft of the PSA, City staff believes that the sale and development of this property for this purpose is in the best interest of the City.
Environmental Impact:
This action is exempt from the California Environmental Quality Act (CEQA) because it is not a project that has the potential to result in either a physical change in the environment or a reasonably foreseeable indirect physical change in the environment, pursuant to California Code of Regulations Title 14 Section 15378(b)(5). Future entitlements or permit approvals may require additional and separate CEQA review, which will occur at the time of such entitlement or approval as required by law.
Fiscal Impact:
Amount Requested: There are no funds requested for this item.
Funding Source: Community Development (2022).
Budget Distribution: The costs of staff time associated with this item are covered within the existing Community and Economic Development Department operating budget.
Alternatives:
The City Council could decline to approve the Purchase and Sale Agreement with Green Acres.
This is not recommended because the proposed sale would allow Green Acres to pursue land use entitlements and construction permits to build a Green Acres store in Vacaville on a site that has been vacant for decades.
Strategic Plan Goal:
Economic Development
Levine Act:
Yes
Attachments:
Attachment 1: Vicinity Map
Attachment 2: Draft Purchase and Sale Agreement [exhibits to be added before execution] Attachment 3: Levine Act Disclosure Form
Item 12.d
CITY OF VACAVILLE
RESOLUTION NO. 2026-
Resolution of the City Council of the City of Vacaville authorizing the City Manager to execute a Purchase and Sale Agreement with Green Acres Nursery and Supply, LLC for a
13.45 acre property located at 50 Nut Tree Road, and authorizing the City Manager or designee to execute all necessary deeds and escrow documents to effectuate the sale of the property
Whereas, the City is the owner of certain real property within Vacaville, California, identified as Assessor's Parcel Nos. 0129-240-310 (2.22 acres), 0129-240-320 (1.17 acres), and 0129-240-560 (10.08 acres) ("Property"); and
Whereas, the City Council of the City of Vacaville has, by Resolution No. 2022-008, adopted on January 25, 2022, declared the Property to be surplus land not necessary for the City's use in compliance with California Government Code Section 37350 and the Surplus Land Act (Government Code Sections 54220 et seq.); and
Whereas, the City Council has determined that the sale of the Property to Green Acres Nursey and Supply, LLC, for development of a new retail store is consistent with the City Council’s strategic goals for economic development to create job growth and increase sales tax; and Whereas, in May 2026, the City Council directed staff to prepare a Purchase and Sales Agreement for the Property to Green Acres Nursery and Supply, LLC; and Whereas, City staff met with Green Acres Nursery and Supply, LLC numerous times supporting due diligence activities and preparing the mutually negotiated Purchase and Sale Agreement, attached hereto as Attachment 2, for the City Council’s consideration.
Now, therefore, be it resolved by the City Council of the City of Vacaville that the City Council does hereby authorize the City Manager to execute a Purchase and Sale Agreement with Green Acres Nursery and Supply LLC for a 13.45 acre property located at 50 Nut Tree Road, in substantially the form included herewith, and all necessary grant, quitclaim deeds, and escrow related documents on behalf of the City of Vacaville. In addition, the City Manager is authorized to take such reasonably related actions as may be necessary to effectuate the execution of the Purchase and Sale Agreement and sale of the Property.
I hereby certify that the foregoing resolution was introduced and passed at the regular meeting of the City Council of the City of Vacaville held on the 13th day of October 2026 by the following vote:
Ayes:
Noes:
Absent:
Item 12.d
Attest:
_____________________________
Michelle A. Thornbrugh, City Clerk
Item 12.d
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CITY OF VACAVILLE
CITY-OWNED PROPERTY
NUT TREE ROAD
GREEN ACRES
COMMUNITY & ECONOMIC
DEVELOPMENT DEPARTMENT
City of Vacaville Properties N
Item 12.d
5354595.1
PURCHASE AND SALE AND ESCROW INSTRUCTIONS AGREEMENT
BETWEEN THE CITY OF VACAVILLE AND
GREEN ACRES NURSERY AND SUPPLY, LLC
This Agreement of Purchase and Sale and Escrow Instructions ("Agreement") is entered into as of _______________, 20___ ("Effective Date"), by and between:
SELLER: The City of Vacaville, a California general law municipal corporation ("City" or "Seller"), acting by and through its City Manager, duly authorized pursuant to Resolution No. _______ adopted by the Vacaville City Council on _______________, 20___; and BUYER: Green Acres Nursery and Supply, LLC, a California limited liability company ("Buyer").
Collectively, Buyer and Seller may be referred to as the “Parties.”
RECITALS
A. City is the owner of certain real property within Vacaville, California, identified as Assessor's Parcel Nos. 0129-240-310 (2.22 acres), 0129-240-320 (1.17 acres), and 0129-240-560 (10.08 acres) ("Property"), more particularly described in Exhibit "A" attached hereto and incorporated herein by this reference.
B. The City Council of the City of Vacaville has, by Resolution No. 2022-008, adopted on January 25, 2022, declared the Property to be surplus land not necessary for the City's use, and has further authorized the City Manager to execute this Agreement on behalf of the City, in compliance with California Government Code Section 37350 and the Surplus Land Act (Government Code Sections 54220 et seq.).
C. The City has complied with all applicable notice and negotiation requirements of the Surplus Land Act, including issuance of a Notice of Availability to all required entities, and the disposition of the Property to Buyer is authorized to proceed.
D. Seller desires to sell the Property to Buyer and Buyer desires to purchase the Property from Seller on the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
AGREEMENT
1. SALE OF PROPERTY. Seller shall sell, convey, and transfer to Buyer, and Buyer shall purchase from Seller, free and clear of all monetary liens and encumbrances (except as otherwise provided herein), Item 12.d
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all of Seller's right, title, and interest in and to the Property, which is deemed to expressly include the following:
1.1. The real property described in Exhibit "A" (the "Land"), except that in the event the legal description is incomplete or inaccurate, this Agreement shall not be invalid and the legal description shall be completed or corrected to meet the requirements of the Title Company identified in Section 7;
1.2. All appurtenances to the Land owned by Seller, including without limitation all easements, rights-of-way, development rights, air rights, mineral rights, water and water rights, and other rights and interests appurtenant to the Land ("Appurtenant Rights"); and
1.3. All improvements, structures, and fixtures located on or affixed to the Land, if any ("Improvements").
2. PERSONAL PROPERTY. Except as may be specifically identified in Exhibit "B" attached hereto (if any), no personal property is being conveyed to Buyer pursuant to this Agreement. Buyer has had an opportunity to inspect the Property and accepts it in its current condition with respect to any personal property present thereon.
3. PURCHASE PRICE. The total purchase price for the Property ("Purchase Price") shall be TWO MILLION DOLLARS ($2,000,000), payable as follows:
3.1. Deposit. Within three (3) business days following the Effective Date, Buyer shall deposit with Escrow Holder the sum of $100,000 ("Deposit") in immediately available funds. The Deposit shall be applied toward the Purchase Price at Close of Escrow. If this Agreement is terminated for any reason Buyer is permitted to terminate this Agreement pursuant to the terms hereof, the Deposit shall be returned to Buyer. If this Agreement is terminated due to Buyer's default after the expiration of the Due Diligence Period, the Deposit shall be retained by Seller as liquidated damages, as further described in Section 26.
3.2. Balance. On or before the scheduled Closing Date, Buyer shall deposit with Escrow Holder the balance of the Purchase Price, plus Buyer's closing costs and prorations as provided herein, less any applicable credits, in immediately available funds.
4. FAIR MARKET VALUE. The Parties acknowledge that the Purchase Price represents the fair market value of the Property as established by an independent appraisal obtained by the City, in compliance with applicable law governing the disposition of public property.
5. OPENING OF ESCROW. Within three (3) business days after the Effective Date, the Parties shall open an escrow ("Escrow") with Placer Title Company, 1300 Oliver Road, Suite 120, Fairfield, CA 94534, Attn: Kelly Guglielmo, Email: [email protected] ("Escrow Holder") by depositing a fully executed copy of this Agreement with Escrow Holder. This Agreement shall constitute escrow instructions to Escrow Holder. Escrow Holder's standard provisions shall apply except where they conflict with this Agreement, in which case this Agreement shall control. Buyer and Seller shall each Item 12.d
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pay one-half of the Escrow Holder’s charges and Seller shall pay any usual recording fees and required documentary transfer taxes.
6. CLOSING DATE. Escrow shall close ("Close of Escrow" or "Closing") on or before July 31, 2027 ("Closing Date"), subject to satisfaction or waiver of all conditions set forth in Sections 19 and 20.
Time is of the essence with respect to all dates and deadlines in this Agreement. The Parties may mutually agree in writing to extend the Closing Date; no extension shall be effective unless in a writing signed by both Parties.
7. TITLE AND TITLE INSURANCE. Seller shall convey fee title to the Property to Buyer by a duly executed and acknowledged Grant Deed in the form attached as Exhibit "C." At Close of Escrow, Seller shall cause the Title Company identified below to issue to Buyer a CLTA Standard Coverage Owner's Policy of Title Insurance ("Title Policy") with liability equal to the Purchase Price, insuring fee title vested in Buyer, subject only to the Permitted Exceptions as specified below. Buyer may elect ALTA Extended Coverage, the incremental cost of which shall be at Buyer's sole cost and expense.
Title Company: Placer Title Company
Permitted Exceptions include the following: (i) standard printed exceptions; (ii) the current year's general and special taxes and assessments; (iii) matters of record disclosed in the Preliminary Report which Seller has not agreed to remove in writing prior to the Closing; and (iv) any exceptions created by or through Buyer; provided, however, Seller shall be required to remove all mechanics’ liens relating to work requested by Seller or judgment liens prior to Closing. Buyer shall have the right to approve, in its sole discretion, any new title exceptions reflected in any updates to the Preliminary Report. If Buyer disapproves any such new title exceptions and Seller does not agree to remove the same in writing prior to Closing, then Buyer shall have the right to terminate this Agreement upon notice to Seller and the Deposit shall be returned to Buyer.
8. ALLOCATION OF COSTS. Unless otherwise agreed in writing, costs of Closing shall be allocated as follows:
8.1. Seller shall pay: (i) the premium for a CLTA Standard Coverage Title Policy; (ii) one-half of Escrow Holder's fees; (iii) costs to discharge the liens Seller is required to remove under this Agreement; (iv) all documentary transfer taxes and recording fees; and (v) Seller's attorney's fees.
8.2. Buyer shall pay: (i) any additional premium for ALTA Extended Coverage, if elected; (ii) one-half of Escrow Holder's fees; (iii) the cost of any surveys or inspections; and (iv) Buyer's attorney's fees.
8.3. Prorations: Real property taxes, assessments, utilities, and rents (if any) shall be prorated as of the Close of Escrow on a 365-day basis, based on the most current information available.
9. SELLER'S CLOSING DELIVERIES. No later than five (5) business days prior to the Closing Date, Seller shall deposit with Escrow Holder, duly executed and acknowledged where required:
Item 12.d
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9.1. The Grant Deed with Certificate of Acceptance;
9.2. A completed California Franchise Tax Board Form 593 or applicable withholding certificate;
9.3. A FIRPTA Affidavit certifying Seller is not a foreign person under IRC § 1445;
9.4. Any transfer disclosure documents required by applicable law; and
9.5. All other documents reasonably required by Escrow Holder or the Title Company to close Escrow.
10. BUYER'S CLOSING DELIVERIES. On or before the Closing Date, Buyer shall deposit with Escrow Holder:
10.1. The balance of the Purchase Price plus Buyer's closing costs and prorations, in immediately available funds;
10.2. A completed Preliminary Change of Ownership Report (PCOR); and
10.3. All other documents and funds required by Escrow Holder or the Title Company.
11. CLOSING PROCEDURE. At Close of Escrow, Escrow Holder shall perform all of the following activities:
11.1. Record the Grant Deed in the Official Records of Solano County;
11.2. Deliver the Purchase Price proceeds to Seller, less Seller's closing costs and prorations;
11.3. Issue the Title Policy to Buyer;
11.4. Deliver any excess funds to Buyer; and
11.5. Deliver file-stamped copies of all recorded documents to each party.
12. DUE DILIGENCE PERIOD.
12.1. Buyer shall have from the Effective Date of this Agreement until the two hundred tenth (210th) calendar day after the Effective Date ("Due Diligence Period") to conduct all inspections, investigations, studies, and analyses of the Property that Buyer deems necessary or advisable, including without limitation: physical condition, environmental condition, soils, title, survey, zoning, land use entitlements, and financial feasibility.
12.2. Within the Due Diligence Period, Buyer and Seller shall cooperate in good faith to explore the feasibility of entering into a sales and use tax sharing agreement with respect to taxable sales generated by Buyer's operations on the Property (a "Tax Sharing Agreement"). No later than the expiration of the Due Diligence Period, Buyer shall provide Seller with a written assessment, supported by information serving as the foundation of the Buyer’s assessment, of whether Buyer considers such a Tax Sharing Agreement to be feasible. If Buyer determines that a Tax Sharing Agreement is feasible, Buyer shall negotiate in good faith with City and, if the Parties reach mutually acceptable terms, execute a Tax Sharing Agreement prior to or concurrently with the Close of Escrow. Nothing in this Section shall obligate either party to Item 12.d
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enter into a Tax Sharing Agreement if the Parties are unable to reach mutually acceptable terms following good faith negotiation. Neither Party’s obligations under this Agreement are contingent upon the Parties executing a Tax Sharing Agreement.
12.3. Within ten (10) business days following the expiration or earlier termination of the Due Diligence Period, Buyer shall deliver to Seller copies of all non-privileged studies, reports, investigations, analyses, and other documents or materials obtained or prepared by or on behalf of Buyer with respect to the physical condition of the Property, including without limitation environmental reports, soils and geotechnical reports and surveys (collectively, "Due Diligence Materials") but not including any reports or documents pertaining to financial feasibility, such as but not limited to Buyer’s pro formas. Buyer's obligation to deliver Due Diligence Materials shall apply regardless of whether the Due Diligence Period expires with Buyer's approval or terminates upon Buyer's election. Seller acknowledges that Buyer makes no representation or warranty as to the accuracy, completeness, or fitness for any particular purpose of the Due Diligence Materials, and Seller's receipt thereof shall not create any liability on the part of Buyer or Buyer's consultants with respect to the contents thereof.
Buyer shall use commercially reasonable efforts to ensure that any Due Diligence Materials obtained by Buyer from third-party consultants, investigators, or contractors in connection with Buyer's due diligence investigation of the Property can be delivered to Seller as contemplated by this Section. Seller further acknowledges and agrees that any Due Diligence Materials received from Buyer are provided solely as a courtesy, that Seller shall not rely upon such materials for any purpose without independent verification by qualified professionals of Seller's own selection and at Seller's sole cost and expense, and that Seller's receipt and use of the Due Diligence Materials shall be entirely at Seller's own risk; Seller hereby waives any and all claims against Buyer and Buyer's consultants arising from or related to Seller's use of or reliance upon the Due Diligence Materials, whether such claims sound in contract, tort, or otherwise.
12.4. As part of the Due Diligence Period, within thirty (30) calendar days of the Effective Date of this Agreement, Buyer will submit a complete and detailed proposed development schedule to the City’s Community and Economic Development Department for review. Within 60 days after the Effective Date, Buyer will submit an application for design review on the City’s designated form, which City will process with all reasonable speed. Upon City providing an initial review letter response to Buyer’s design review application, Buyer will have an additional 30 calendar days to provide a completed design review application responsive to any issues raised by City in its initial review letter.
13. ACCESS. Buyer's right to access the Property for purposes of conducting due diligence inspections and investigations during the Due Diligence Period shall be governed by the Right of Entry Agreement executed by the Parties on May 23, 2026 (the "Right of Entry Agreement"), a true and correct copy of which is attached hereto as Exhibit F and incorporated herein by this reference. The Right of Entry Agreement shall survive execution of this Agreement and shall remain in full force and effect through the expiration or earlier termination of the Due Diligence Period. In the event of any Item 12.d
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conflict between the terms of the Right of Entry Agreement and this Agreement with respect to Buyer's access to the Property, the terms of this Agreement shall control. Buyer's obligations under the Right of Entry Agreement, including without limitation any insurance, indemnification, and restoration obligations, are hereby reaffirmed and shall be enforceable under this Agreement as if fully set forth herein.
14. TERMINATION RIGHT. Within the Due Diligence Period, if Buyer determines, in its sole and absolute discretion, that the Property is not acceptable to Buyer for any reason or no reason, Buyer may terminate this Agreement by delivering written notice to Seller and Escrow Holder prior to expiration of the Due Diligence Period. Upon such termination, the Deposit shall be returned in full to Buyer and neither party shall have any further obligation to the other, except as expressly survives termination under this Agreement.
14.1. If Buyer does not timely deliver a termination notice in a manner provided for in this Section 14, Buyer shall be deemed to have approved the Property in all respects and waived all termination rights under this Section.
15. AS-IS CONVEYANCE. EXCEPT AS MAY BE EXPRESSLY SET FORTH HEREIN AND SELLER’S REPRESENTATIONS CONTAINED HEREIN, THE PROPERTY IS BEING SOLD STRICTLY "AS IS, WHERE IS, WITH ALL FAULTS." SELLER MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, OF
ANY KIND WHATSOEVER REGARDING THE PROPERTY, ITS CONDITION, SUITABILITY FOR ANY USE,
COMPLIANCE WITH APPLICABLE LAWS, OR THE ACCURACY OR COMPLETENESS OF ANY DOCUMENTS OR INFORMATION PROVIDED. EXCEPT AS MAY BE EXPRESSLY SET FORTH HEREIN AND SELLER’S
REPRESENTATIONS CONTAINED HEREIN, BUYER ACKNOWLEDGES THAT IT IS RELYING SOLELY UPON ITS OWN INVESTIGATION AND ANALYSIS OF THE PROPERTY. BUYER FURTHER ACKNOWLEDGES AND
AGREES THAT, AS OF THE CLOSE OF ESCROW, BUYER SHALL WAIVE ANY AND ALL CLAIMS AGAINST
SELLER ARISING OUT OF THE CONDITION OF THE PROPERTY, EXCEPT FOR CLAIMS ARISING FROM SELLER'S FRAUD OR WILLFUL CONCEALMENT OR SELLER’S BREACH OF A REPRESENTATION OF SELLER CONTAINED HEREIN.
16. SELLER'S REPRESENTATIONS. Seller hereby represents and warrants to Buyer, as of the Effective Date and as of the Close of Escrow, the following:
16.1. Authority. The City has full legal power and authority to execute, deliver, and perform this Agreement. This Agreement has been duly authorized by the City Council of the City of Vacaville and constitutes the legal, valid, and binding obligation of Seller, enforceable in accordance with its terms.
16.2. No Pending Litigation. To Seller's actual knowledge, there is no pending or threatened litigation, action, or proceeding affecting the Property that has not been disclosed to Buyer.
16.3. No Violations. To Seller's actual knowledge, Seller has received no written notice of any uncured violation of any applicable law, code, or regulation affecting the Property.
Item 12.d
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16.4. Surplus Land Act Compliance. Seller has complied with all requirements of the California Surplus Land Act (Government Code §§ 54220 et seq.) applicable to the disposition of the Property.
16.5. CEQA Compliance. Prior to execution of this Agreement, the City has completed all required environmental review under the California Environmental Quality Act (Public Resources Code §§ 21000 et seq.) in connection with the proposed sale of the Property. The Parties acknowledge that additional environmental review under CEQA may be required in connection with Buyer's proposed development or use of the Property following Close of Escrow, and that any such subsequent CEQA review shall be the sole responsibility of Buyer and is not addressed by, governed by, or a condition of this Agreement.
16.6. Occupancy Agreements. There are no agreements (whether oral or written) affecting or relating to the right of any party with respect to the possession of the Property or any portion thereof, which are obligations which will affect the Property or any portion thereof subsequent to the recordation of the Grant Deed.
16.7. Maintenance Contracts. There are no maintenance, service or other agreements (whether oral or written) affecting or relating to the Property.
16.8. Documents and Materials. To Seller’s actual knowledge, the documents prepared by or at the direction of Seller and delivered to Buyer pursuant to this Agreement are true and correct copies of such documents as maintained in Seller's files. With respect to any studies, reports, analyses, or other documents prepared by third-party consultants or contractors and delivered to Buyer, Seller makes no representation as to the accuracy, completeness, or fitness for any particular purpose of such materials, and Buyer's sole recourse with respect to the contents thereof shall be against the preparer. To Seller’s actual knowledge, Seller has not intentionally withheld from Buyer any documents in Seller's possession that are material to the physical condition, title, or permitted use of the Property; provided, however, that Seller does not represent that all documents that may exist relative to the Property have been identified or located, and Buyer is advised to conduct its own independent investigation.
17. BUYER'S REPRESENTATIONS. Buyer hereby represents and warrants to Seller, as of the Effective Date and as of the Close of Escrow, the following:
17.1. Authority. Buyer has full legal power and authority to execute, deliver, and perform this Agreement, and the person executing this Agreement on Buyer's behalf has full authority to do so.
17.2. No Reliance on Seller. Buyer has conducted its own independent investigation of the Property and is not relying on any representation or warranty of Seller except as expressly set forth in Section 16.
18. BROKER COMMISSION. Seller and Buyer shall equally divide the cost of the commission payable to Robb Osborne working under Brooks Ralph Borror (License number: 00886285) equal to five Item 12.d
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percent of the Purchase Price (the “Commission”), to be paid through escrow on the Closing Date. If escrow fails to close for any reason, no Commission shall be earned, due, or payable, and the broker shall have no claim against Seller, Buyer, or the Property with respect to the Commission.
Notwithstanding the foregoing, if escrow fails to close solely due to Seller's default, Seller shall remain obligated to pay the Commission to the broker in accordance with any separate written agreement between Seller and the broker governing such circumstance. Each party represents and warrants to the other that it has not engaged or dealt with any real estate broker, agent, or finder in connection with this transaction other than the broker herein identified. Each party shall indemnify, defend, and hold harmless the other party from and against any and all claims, demands, losses, costs, and expenses (including reasonable attorneys' fees) arising from any breach of such party's representation, including any claim by any unauthorized broker or finder claiming through such party.
19. CONDITIONS TO BUYER'S OBLIGATIONS. Buyer's obligation to close Escrow is conditioned upon satisfaction, or Buyer's written waiver, of each of the following:
19.1. Title Company's unconditional commitment to issue the Title Policy as described in Section 7;
19.2. Seller's representations and warranties being true and correct in all material respects as of the Closing Date;
19.3. Seller's timely performance of all obligations required under this Agreement prior to Closing; and
19.4. No material adverse change in the physical condition of the Property between the end of the Due Diligence Period and the Closing Date. “Material adverse change” for purposes of this Agreement means any physical damage, destruction, or deterioration of the Property occurring after the expiration of the Due Diligence Period and prior to the Close of Escrow that (i) was not caused by Buyer or Buyer's agents, employees, or contractors; (ii) was not disclosed to or discoverable by Buyer during the Due Diligence Period through the exercise of reasonable diligence; and (iii) would cost in excess of $50,000 to remediate, repair, or restore to the condition existing as of the expiration of the Due Diligence Period, as reasonably estimated by a licensed contractor or engineer selected by Seller and approved by Buyer, such approval not to be unreasonably withheld or delayed. If there are individuals residing unlawfully on the Property during the Due Diligence Period, City will use reasonable best faith efforts to coordinate with Buyer to address the issue through all legal and feasible avenues.
If any of the foregoing conditions are not satisfied, then Buyer shall have the right to terminate this Agreement upon notice to Seller, in which event the Deposit shall be returned to Buyer and neither party shall have any further obligations under this Agreement.
20. CONDITIONS TO SELLER'S OBLIGATIONS. Seller's obligation to close Escrow is conditioned upon:
20.1. Buyer's timely deposit of the full Purchase Price and all required funds with Escrow Holder; Item 12.d
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20.2. Buyer's representations and warranties being true and correct in all material respects as of the Closing Date; and
20.3. Buyer's timely performance of all obligations required under this Agreement prior to Closing.
21. ENVIRONMENTAL DISCLOSURES. Seller shall disclose to Buyer, in writing, any known environmental conditions affecting the Property, including the presence of any Hazardous Materials (as defined below), to the extent such conditions are within Seller's actual knowledge as of the Effective Date. Buyer acknowledges receipt of all environmental reports and documents, if any, listed in Exhibit "D."
21.1. Definition of Hazardous Materials. "Hazardous Materials" means any substance or material defined, designated, or classified as hazardous, toxic, radioactive, or dangerous under any applicable federal, state, or local law, regulation, or order, including without limitation the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), the Resource Conservation and Recovery Act (RCRA), the California Health & Safety Code Section 25117, and the California Health & Safety Code Section 25316, as such laws may be amended from time to time.
22. BUYER'S ENVIRONMENTAL RESPONSIBILITY. Following the Close of Escrow, Buyer shall be solely responsible for any Hazardous Materials on, under, or about the Property, except to the extent caused by Seller's activities after Close of Escrow. Buyer shall indemnify, defend, and hold harmless the City and its officers, agents, and employees from any claim, liability, loss, or expense arising from Hazardous Materials conditions on the Property after Close of Escrow, to the extent caused by Buyer. Following the Close of Escrow, Buyer assumes sole and complete responsibility for compliance with any and all federal, state, and local laws, regulations, rules, orders, or ordinances relating to the condition of the Property, including without limitation all Hazardous Materials Laws, regardless of when such conditions arose or were discovered, except to the extent caused by Seller’s activities after Close of Escrow. The provisions of this Section shall survive the Close of Escrow indefinitely and shall not be merged into the Grant Deed or any other closing document.
23. CONDEMNATION. If, prior to the Close of Escrow, any portion of the Property is taken or threatened to be taken by eminent domain, Buyer may, at its election, either (a) terminate this Agreement by written notice to Seller, in which case the Deposit shall be returned to Buyer, or (b) proceed with the purchase, in which case Seller shall assign to Buyer all of Seller's rights to any condemnation award with respect to the taken portion.
24. CASUALTY. If, prior to the Close of Escrow, the Property suffers material damage or destruction, Buyer may, at its election, either (a) terminate this Agreement and receive a refund of the Deposit, or (b) proceed with the purchase at the full Purchase Price, in which case Seller shall assign to Buyer any insurance proceeds payable with respect to such damage or destruction.
25. SELLER DEFAULT. If Seller fails to perform any material obligation under this Agreement and such failure continues for ten (10) business days after written notice from Buyer setting forth the nature Item 12.d
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of the unmet material obligation, Buyer may, as its sole and exclusive remedies, either: (a) terminate this Agreement and receive a full refund of the Deposit plus Buyer's documented out-of-pocket due diligence costs not to exceed $50,000; or (b) bring an action for specific performance of this Agreement.
26. BUYER DEFAULT — LIQUIDATED DAMAGES. IF BUYER FAILS TO PURCHASE THE PROPERTY DUE TO
A DEFAULT OF BUYER UNDER THIS AGREEMENT OCCURRING AFTER THE EXPIRATION OF THE DUE DILIGENCE PERIOD, WHICH SUCH DEFAULT CONTINUES FOR FIVE (5) BUSINESS DAYS AFTER
WRITTEN NOTICE FROM SELLER SETTING FORTH THE NATURE OF SUCH DEFAULT, SELLER SHALL RETAIN THE DEPOSIT AS LIQUIDATED DAMAGES. THE PARTIES ACKNOWLEDGE THAT SELLER'S
ACTUAL DAMAGES IN SUCH EVENT WOULD BE EXTREMELY DIFFICULT OR IMPRACTICAL TO ASCERTAIN AND THAT THE DEPOSIT REPRESENTS A REASONABLE ESTIMATE OF SUCH DAMAGES.
THE RETENTION OF THE DEPOSIT AS LIQUIDATED DAMAGES SHALL BE SELLER'S SOLE AND EXCLUSIVE REMEDY AGAINST BUYER FOR BUYER'S FAILURE TO COMPLETE THE PURCHASE.
Seller's Initials: _______ Buyer's Initials: _______
26.1. For purposes of this Section, a “Default of Buyer” shall mean any of the following:
26.1.1. Buyer’s failure to deposit the balance of the Purchase Price and all required closing funds with Escrow Holder by the time required under Section 3.2;
26.1.2. Buyer’s material breach of any representation or warranty set forth in Section 17 that remains uncured for five (5) business days after written notice from Seller;
26.1.3. Buyer’s failure to perform any other material obligation under this Agreement that remains uncured for five (5) business days after written notice from Seller specifying the nature of the failure; or
26.1.4. Buyer’s assignment of this Agreement in violation of Section 31.
26.2. A Buyer Default occurring after expiration of the Due Diligence Period shall entitle Seller to retain the Deposit as liquidated damages as set forth in Section 26. A Buyer Default occurring during the Due Diligence Period shall entitle Seller to terminate this Agreement, in which case the Deposit shall be returned to Buyer.
27. ENTIRE AGREEMENT. This Agreement, together with all exhibits attached hereto, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous negotiations, representations, warranties, agreements, and understandings. This Agreement may only be modified by a written instrument signed by both Parties.
28. GOVERNING LAW AND VENUE. This Agreement shall be governed by and construed in accordance with the laws of the State of California, without regard to conflict of law principles. Any dispute Item 12.d
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arising out of or relating to this Agreement shall be resolved in the Superior Court of the State of California, County of Solano.
29. DISPUTE RESOLUTION. Prior to commencing any legal action, the Parties shall meet and confer in good faith for not less than thirty (30) days in an effort to resolve any dispute arising under this Agreement. Notwithstanding the foregoing, either party may seek injunctive or equitable relief in any court of competent jurisdiction without prior meet-and-confer.
30. NOTICES. All notices, requests, demands, consents, and other communications required or permitted under this Agreement shall be in writing and delivered by: (a) personal delivery; (b) certified mail, return receipt requested, postage prepaid; or (c) overnight courier, addressed as follows:
To Seller:
City of Vacaville, Attn: City Manager
650 Merchant Street, Vacaville, CA 95688
Email: [email protected]
With a copy to:
City Attorney, City of Vacaville
650 Merchant Street, Vacaville, CA 95688
Email: [email protected]
To Buyer:
Tam Elk Grove, LLC
604 Sutter Street, Suite 350
Folsom, California 95630
Attention: Tony Panganiban
E-mail: [email protected]
With a copy to:
Downey Brand LLP
621 Capitol Mall, 18th Floor
Sacramento, CA 95814
Attention: Matt Ellis
E-mail: [email protected]
Notices shall be deemed received upon personal delivery, three (3) business days after mailing, or the next business day after delivery to overnight courier.
31. ASSIGNMENT. Buyer shall not assign this Agreement or any interest herein without the prior written consent of Seller, which may be granted or withheld in Seller's sole and absolute discretion.
Any purported assignment without Seller's written consent shall be void. Among other reasons, Seller may withhold consent if, in the City's reasonable judgment, the proposed assignee does not possess the financial capability or experience to complete the purchase and intended use of the Item 12.d
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Property. Notwithstanding the foregoing, Seller shall not unreasonably withhold its consent to any assignment of this Agreement to any entity affiliated with Buyer or controlled by Mark Gill.
32. ATTORNEYS' FEES. In any action or proceeding arising out of or to enforce this Agreement, the prevailing party shall be entitled to recover its reasonable attorneys' fees and costs, in addition to all other relief to which it may be entitled.
33. COUNTERPARTS; ELECTRONIC SIGNATURES. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Electronic or facsimile signatures shall be deemed original signatures for all purposes.
34. SEVERABILITY. If any provision of this Agreement is held invalid, illegal, or unenforceable, the remainder of this Agreement shall remain in full force and effect.
35. TIME OF THE ESSENCE. Time is of the essence with respect to all dates and deadlines in this Agreement.
36. AUTHORITY OF SIGNATORIES. Each individual executing this Agreement on behalf of a party represents and warrants that he or she is duly authorized to execute and deliver this Agreement on behalf of such party and that this Agreement is binding upon such party in accordance with its terms.
37. NO WAIVER. No waiver of any provision of this Agreement shall be effective unless in writing. No waiver shall be deemed a continuing waiver or a waiver of any other provision.
38. SURVIVAL. Sections 16, 18, 22, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, and 37 shall survive the Close of Escrow or termination of this Agreement.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date first written above.
SELLER
City of Vacaville, a California general law municipal corporation By: _______________________________________________
Authorized Signatory
Name: _______________________________________________
Title: _______________________________________________
Date: _______________________________________________
APPROVED AS TO FORM:
By: _______________________________________________
City Attorney, City of Vacaville
Date: _______________________________________________
BUYER
Green Acres Nursery and Supply, LLC, a California limited liability company By: _______________________________________________
Authorized Signatory
Name: _______________________________________________
Title: _______________________________________________
Date: _______________________________________________
EXIHIBIT LIST
Exhibit A — Legal Description of Property
Exhibit B — Personal Property Included in Sale (if any) Exhibit C — Form of Grant Deed
Exhibit D — Environmental Reports and Disclosures (if any) Exhibit E — City Council Resolution Authorizing Sale
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EXHIBIT A
[To be inserted]
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EXHIBIT B
[To be inserted]
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EXHIBIT C
[To be inserted]
Item 12.d
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EXHIBIT D
[To be inserted]
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EXHIBIT E
[To be inserted]
Item 12.d
Item 12.d
Item 12.d
Green Acres Purchase and Sale
Agreement
City Council Meeting – October 13, 2026
Item 12.d
Request
Adopt a resolution to:
• Authorize the City Manager to execute a Purchase and Sale Agreement with Green Acres Nursery and Supply, LLC for a
13.45-acre property located at 50 Nut Tree Road, including APNs 0129-240-560 (10.08 AC), 0129-240-310 (2.22 AC), and 0129-240-320 (1.17 AC), and;
• Authorize the City Manager or designee to execute all necessary deeds and escrow documents to effectuate the sale of the property.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 2 of 12 Item 12.d
50 Nut Tree Road Property Location
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 3 of 12 Item 12.d
50 Nut Tree Road Property Details
October 13, 2026
Three properties:
• 0129-240-560
(10.08 AC)
• 0129-240-310
(2.22 AC)
• 0129-240-320
(1.17 AC)
Gross Acreage:
13.55 acres
Usable Acreage:
~9 acres
12.d. Green Acres Purchase & Sale Agreement - Slide 4 of 12 Item 12.d
Background
• 2021: Green Acres attraction efforts began. Subject property identified as best fit following exploration of multiple sites. • 2022 - 2025: Green Acres made multiple offers that did not culminate in a Purchase and Sale Agreement.
• February 2026: City staff initiated discussions with Green Acres seeking a new offer.
• March / April 2026: City staff provided detailed fee estimates and property information in response to questions from Green Acres. • May 2026: Green Acres offered $2M.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 5 of 12 Item 12.d
About Green Acres
• Began in 2003 in
Roseville.
• Operate 7 retail stores
in California and 2 retail
stores in Texas.
• California locations
include Roseville, Elk
Grove, Sacramento,
Folsom, and Auburn.
• Own and operate
Matsuda’s Nursery.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 6 of 12 Item 12.d
About Green Acres
• Vacaville Green Acres would be like the newest Roseville store • ~27,500 sf retail building
• ~13,800 sf greenhouse
• ~25,500 sf lath house
• ~236 parking spots
October 13, 2026
• Anticipated to be a Top 25 sales tax generator
for the City.
• In addition to plants and materials, outdoor
living goods (patio furniture, grills and high-end
accessories) would be offered.
12.d. Green Acres Purchase & Sale Agreement - Slide 7 of 12 Item 12.d
About Green Acres
• Privately owned company.
• HDL estimates $15M annual sales which would result in ~$150K in annual sales tax to Vacaville.
• Green Acres estimates $18M in annual sales over time, which would result in ~$180K in annual sales tax to Vacaville. • Green Acres would employ 200 people (full and part time).
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 8 of 12 Item 12.d
Green Acres’ Offer & Terms
• The City will receive a deposit of $100,000 within three days of the effective date of the PSA, applied toward the purchase price at close of escrow or retained by City in the event of a termination of the PSA. • Escrow will close on or before July 31, 2027, and Green Acres will have 210 days from the Effective Date of the PSA to complete all due diligence activities contemplated by the PSA.
• Green Acres will provide copies of all studies, reports, and other due diligence materials it obtains to the City within ten days of the due diligence period expiring or being terminated.
• The Property is sold in “as-is” condition, and Green Acres will rely only on its own investigation and analysis in agreeing to purchase the Property.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 9 of 12 Item 12.d
Next Steps
• If approved, the Purchase and Sale Agreement will be executed and Green Acres will submit Design Review application and associated Environmental Review documents.
• City team will establish an expedited schedule for processing the development permits.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 10 of 12 Item 12.d
Recommendation
• By simple motion, adopt the subject resolution.
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 11 of 12 Item 12.d
Questions or Comments
October 13, 2026 12.d. Green Acres Purchase & Sale Agreement - Slide 12 of 12 Item 12.d