[CPEO-MEF] REUSE: Oil company to buy Ingleside Naval Station (TX)

[Lenny Siegel <lsiegel@cpeo.org>]

Port of Corpus Christi commissioners approve letter of intent to sell  
Naval Station Ingleside

Houston company that wants to create an offshore oil complex at the site

By Sara Foley
Corpus Christi Caller-Times (TX)
March 8, 2011

CORPUS CHRISTI - Port commissioners on Tuesday unanimously approved a  
letter of intent that will sell the former Naval Station Ingleside to  
a Houston company that wants to create an offshore oil complex at the  
site.

The agreement with Canyon Supply and Logistics gives the company 30  
days to pay $1 million in earnest money and until mid-July to pay the  
remaining $24 million as a down payment. Once complete, the project  
could create up to 2,500 direct jobs.

Local officials are looking forward to moving past the next few  
steps, Ingleside City Councilman Steve Diehl said.

"We just need to get past the next 120 days," he said. "We wish we  
were at this point months ago, but we’re glad we’re here today. Let’s  
move the process forward and take it home."


...

For the entire article, see
http://www.caller.com/news/2011/mar/08/port-corpus-christi- 
commissioners-approve-letter-i/

--

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
<lsiegel@cpeo.org>
http://www.cpeo.org

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