"After the site is cleaned up, Adams County will contribute $10 million to develop the site from a grant it received from the U.S. Department of Housing and Urban Development. .....Brownfield Partners reached an agreement with Asarco in 2006 to buy the property out of bankruptcy. At the time, it said it would redevelop the site as a high-end industrial business park. ....Asarco valued the transaction at about $8 million, largely as a result of the liability transfer, assumption of environmental cleanup and decommissioning of the facility."
No comments:
Post a Comment