In 2016 Vail Headquarters, LLC, dedicated the Vail Ranch Historic Site land to the County of Riverside but retained title to the restored structures, and the dedication also included a developer lease and memorandum of lease allowing Vail Headquarters, LLC, to continue the historic preservation project. Vail Headquarters will be utilizing a bank loan for future renovations, and the Feb. 25 Riverside County Board of Supervisors meeting approved the documentation to the bank Vail Headquarters needed for the loan.A lender to a tenant who does not own the land often seeks an estoppel certificate which verifies the terms and the status of the lease, and the supervisors’ 5-0 vote approved sending a ground lessor’s consent, estoppel certificate, and agreement to SMBC Manubank. The county
