County OKs 20-year agreement with Diamond-Dorado Retail Center
El Dorado County Supervisors unanimously approved a Development Agreement for the Diamond Dorado Retail Center Dec. 11. The agreement extends for 20 years and clears the way with rezoning and General Plan amendments for development of 27.62 acres between Highway 49 and Missouri Flat Road. A four-lane Diamond Springs Parkway will eventually connect the two thoroughfares and become the main access to the retail center.
The DDRC, as it’s often abbreviated, is the proposal of Leonard Grado’s Palos Verdes Properties and has been in the works for about seven years.
El Dorado County Development Services manager Roger Trout summarized the purpose and value of the agreement in an e-mail to the Mountain Democrat Thursday afternoon.
“It is a contract between the developer and the County,” Trout wrote. “We use ...
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