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Napa City Council approves new loan agreement with Napa Valley Opera House


The Napa Valley Opera House nonprofit is entering into a new loan agreement with the City of Napa that will release the organization from its debt to the city and associated obligations.
The Napa City Council on Tuesday approved the new agreement, which sets terms for what the historic opera house property can be used for and gives the city the right to use the ballroom 20 times each year. In return, the city is set to forgive an outstanding loan balance of $700,000.  
Under the agreement, the city will also be reimbursed for expenses related to its use of the property by up to $10,000 annually. The city’s usage term ends on the later of either: Dec. 31, 2030 or whenever the opera house lease to the Blue Note Napa — the jazz club and restaurant that occupies the first floor of the building — is terminated. ....

Michele Truchard , Carl Ebbeson , John Truchard , Scott Sedgley , Mary Luros , Liz Alessio , Lori Reich , Ken Tesler , Bernie Narvaez , Neal Harrison , City Council , Napa City Council , National Register Of Historic , Napa City Council On , Napa Valley Opera House , Napa Valley Opera , Blue Note Napa , National Register , Napa Valley , Napa Valley Endowment , Mayor Scott Sedgley , Beth Painter , Napa Blue Note , Blue Note , Napa Enhanced Infrastructure Financing District , ஸ்காட் ஸெட்ஜ்லீ ,

Page A1 | Napa Valley Register E-Edition | napavalleyregister.com


Damian DeSena photo 
The outside of the home Pacaso purchased at 1627 Rainier Avenue.
On Friday, following neighborhood protest, CEO and Napa resident
Austin Allison said his company was removing the Rainier Avenue
listing from its website and pausing all showings to
re-evaluate whether this property is the best fit for their
portfolio. 
Sarah Klearman 
This is a photograph of Gayle Olson’s website advertising a yoga
retreat at a Pacaso home in east Napa where she is a fractional
owner. The offering was taken down following the Register’s
inquiry
Many Napans heard the name Pacaso for the first time this week. ....

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