TD Council Extends Negotiating Period With Tokola

The Dalles City Council approved extending the negotiating period with Tokola Properties for the Tony’s Town and Country property by a total of 240 days.  The City, Columbia Gateway Urban Renewal Agency, and Tokola have been in discussions for over a year to redevelop the property as a mixed use commercial/residential building.  Mayor Steve Lawrence says discussions had slowed as Tokola dealt with a project elsewhere, but he adds the company is ready to continue the talks.  Lawrence said he’s confident they can get the agreement nailed down in less than the time allotted by the extension which is actually broken into two 120-day segments.

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