|From:||Lenny Siegel <email@example.com>|
|Date:||Thu, 17 Dec 2009 21:10:25 -0800 (PST)|
|Subject:||[CPEO-MEF] REUSE: San Francisco to buy Treasure Island Navy Base|
City to get Treasure Island for $105 million John Coté San Francisco Chronicle December 17, 2009San Francisco -- Mayor Gavin Newsom struck a deal Wednesday with the U.S. Navy to transfer Treasure Island to San Francisco for a $55 million guaranteed payment over several years. Additional considerations could make the package worth more than $105 million to the federal government.
The agreement paves the way for the city to undertake one of its most ambitious development projects - remaking the closed naval base on a man-made island in the middle of San Francisco Bay into a model of sustainable development.
"We can finally begin the hard work of making sure the city's grand vision for Treasure Island can be realized," Newsom said in a statement announcing the deal with Secretary of the Navy Ray Mabus.
... For the entire article, see http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/12/16/BA6R1B5BR3.DTL&tsp=1 See also "SF to pay $100 million for disappearing island" at http://www.sfbg.com/blogs/politics/2009/12/sf_to_pay_100_million_for_disa.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Military mailing list Military@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/military-cpeo.org
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