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Calistoga renews pursuit of financial options for Napa County Fairgrounds purchase | Local News

The Tubbs Exhibit Building at the Napa County Fairgrounds in Calistoga is named after Chapin F. Tubbs, who was an exhibition director from 1936 to 1947.

David Stoneberg/Star

With what appears to be the worst of the pandemic, and with a return to normal economic times in the forecast, the city of Calistoga is — again — starting to look at financial options to buy the Napa County Fairgrounds.

The deal nearly came to an end in April last year, when the economic fallout from the pandemic sent the bond market crashing and the city’s financial prospects nosedive.

At the July 20 city council meeting, several options were presented by Urban Futures, the same company that worked with the city last August to obtain bonds for the purchase. The city is not making any decisions at this time, but is beginning the analysis process, Mayor Chris Canning emphasized.

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In August 2019, the city reached an agreement with the county to purchase 34.3 acres of the fairground’s grounds for $7.2 million, after more than two years of negotiations. However, in April 2020, the city and county amicably agreed that the transaction would not go ahead at that time.

While the city should in principle restart funding and resume negotiations with the county, “we’re not starting from scratch, but there may be changes to the original agreements with the county,” Canning said.

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