By Associated Press

The Wayans brothers have agreed to negotiate with city officials to build a movie studio and theme park on a defunct Army base, a spokeswoman for the entertainers said.

    Brothers Keenen Ivory, Damon, Shawn and Marlon Wayans put down a $150,000 security deposit and signed a negotiating agreement last week to develop 70 acres of vacant land, said family spokeswoman Kay Carney.
    The Oakland City Council voted eight months ago to give the family exclusive rights to analyze the site for possible development. The agreement was delayed to accommodate the brothers’ busy schedules and negotiations with lawyers over the deal, Carney said.
    The next step is to analyze the site and develop more specific plans, Carney said. The brothers have talked of building high-end retail stores and a luxury hotel in addition to the studio and theme park.
    The Wayans family had a hit 1990s TV show, In Living Color. Keenen Ivory Wayans wrote, produced and directed the 2004 film, White Chicks, which starred Shawn and Marlon Wayans.