Officials are looking to turn the controversial asphalt plant into a nature preserve, with plans to pay off the bonds quickly through a land sale.
Tag: Gateway Preserve
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Irvine to Buy Out Asphalt Plant Despite Environmental And Cost Concerns
The $285 million purchase will end what’s been a years-long thorn in city leadership’s side, but staff warned there are multiple potential problems with the deal that could end up costing the city money.
