|From:||Lenny Siegel <email@example.com>|
|Date:||19 Apr 2006 15:38:33 -0000|
|Subject:||[CPEO-MEF] Bidding on Whittaker-Bermite site, Santa Clarita, CA|
Firms due to bid on land Judge will choose Bermite buyer
BY EUGENE TONG Los Angeles Daily News April 19, 2006
SANTA CLARITA - Developers intent on purchasing the contaminated Whittaker-Bermite property in the city's geographical center were due to submit bids Tuesday to an Arizona bankruptcy court.
At least three developers - Cherokee Investments of North Carolina, SunCal Cos. of Irvine and newcomer Selvin Green, a New York-based investment group - were expected to vie for the 996-acre property south of Soledad Canyon Road, where munitions manufacturing occurred until some two decades ago, city of Santa Clarita officials said.
Development plans for the property, which is contaminated with the rocket-fuel chemical perchlorate, has been stymied for about two years after owner RFI Realty of Phoenix declared bankruptcy.
For the entire article, see http://www.dailynews.com/santaclarita/ci_3724365
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