[CPEO-MEF] El Toro sale planned

[Lenny Siegel <lsiegel@cpeo.org>]

Fall Auction for El Toro Parcels Set

'We are ready to go,' says a Navy official. The sales of the Marine base
land are expected to be completed by July.

By Daniel Yi
Los Angeles Times 
September 11, 2004


Offering the most definitive timeline yet for the sale of the closed El
Toro Marine base to developers, a high ranking Navy official said Friday
that the auction for the land will begin this fall and be completed
before the end of July.

Demolition of the former military airfield's runway could begin shortly
after that, erasing the physical vestige of a political battle that
divided Orange County for a decade.

In a meeting with local developers and officials at a hotel in Newport
Beach, Wayne Arny, assistant secretary of the Navy for Installations and
Environment, said the Navy is preparing documents to invite bids on the
four parcels that comprise the 3,700 acres of base land. 

"We are ready to go," Arny said. "We expect [the documents] to be
completed within a month or two?. The whole process should be finished
by the end of July with the close of escrows."

As soon as the property titles are transferred to civilian hands, the
work of redeveloping the base could begin with the clearing of the runways.

...

for the entire article, see
http://www.latimes.com/news/local/la-me-eltoro11sep11,1,7094009.story



-- 


Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org
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