Patch has learned that two parties have agreed to terms and conditions and signed letters of intent to sell their property to Morning View, LLC.
Morning View has plans to build a $2.8 billion film studio in Dixon. Read about it here.
The property owners also signed non-disclosure agreements, according to City Manager Jim Lindley. He said the city can't specify which of the property owners signed the letters of intent.
"It's something developers do when they're negotiating with several different property owners," Lindley said of the non-disclosure agreement.
The two pieces of property purchased make up less than the 300 acres needed to begin construction of the studio project.
"[Morning View is] looking to get another piece of property to get over that 300 acre threshold," said Lindley.
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