|From:||Lenny Siegel <email@example.com>|
|Date:||Mon, 13 May 2013 13:21:56 -0700 (PDT)|
|Subject:||[CPEO-MEF] CLOSURE: GSA to transfer 427 acres at Twin Cities Plant (MN)|
News Release General Services Administration May 9, 2013 GSA Sells Arden Hills' Twin Cities Army Ammunition Plant for $28 Million Sale reduces federal footprint and saves taxpayer dollarsCHICAGO, PRNewswire-USNewswire/ -- The U.S. General Services Administration (GSA) today announced the sale and transfer of a 427- acre portion of the Twin Cities Army Ammunition Plant (TCAAP) in Arden Hills, Minn., to Ramsey County for $28 million. The sale is part of GSA's ongoing efforts to dispose of excess federal property to save taxpayer dollars and make more efficient use of the government's real estate assets.
"The sale of surplus federal real estate not only saves taxpayer dollars, but also puts properties to new uses at the local level, sparking commercial economic activity," said GSA Great Lakes Regional Administrator Ann P. Kalayil . "The TCAAP sale directly supports President Obama's directive to shrink the federal real estate footprint to reduce costs and bolster efficiency."
The deal transfers ownership of 397 acres to Ramsey County immediately, while the remaining 30 acres will be transferred to the county after it conducts environmental remediation, which is expected to take approximately three years. This sale a good example of GSA's commitment to work with communities like Ramsey County and make more efficient use of surplus federal properties. GSA's disposal team in Boston facilitated the sale, and this transaction is another example of GSA's mission to deliver better value and savings for the American people.
... For the entire release, seehttp://www.prnewswire.com/news-releases/gsa-sells-arden-hills-twin- cities-army-ammunition-plant-for-28-million-206756581.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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