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Ca Great Park El Toro

CALIFORNIA | LOCAL
January 28, 2003 | Janet Wilson, Times Staff Writer
Proceeds from an online bidding war between developers will pay for the Great Park at the closed El Toro Marine Corps Air Station, according to Irvine city officials, who will unveil their plans for financing the project today. The plan would divide the 4,700-acre former base into four parts, with development and open space in each. The highest bidders would get upfront guarantees that they could build thousands of homes or industrial and commercial projects in certain areas.
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CALIFORNIA | LOCAL
November 7, 2002 | Evan Halper and Ray F. Herndon, Times Staff Writers
Is the Great Park turning into the Great Lot? With the rejection of Proposition 51, Irvine won't get $120 million it had hoped to use to begin transforming the closed El Toro Marine base into a massive open space and recreation area. The ballot measure was resoundingly defeated in every Orange County city -- including Irvine -- as well as statewide, suggesting that even local voters don't want general fund money redirected to the Great Park.
CALIFORNIA | LOCAL
December 1, 2001 | DAVID REYES, TIMES STAFF WRITER
A by-the-numbers look at the so-called Great Park initiative shows that it will not create any new taxes or tax increases, the county auditor said Friday. But maintaining such a park at the closed El Toro Marine base will cost the county $19 million over the next 18 years if it's approved by voters in March.
CALIFORNIA | LOCAL
September 26, 2001 | JEAN O. PASCO, TIMES STAFF WRITER
It would cost $2.1 billion to build a great urban park at the closed El Toro Marine base, far from the low-cost conversion envisioned by park supporters, according to an analysis released Tuesday by pro-airport forces. Operating costs would run $43 million a year plus $17 million for maintenance, according to the review by BBC Research Consulting of Denver, which analyzed Irvine literature and a city-paid revenue analysis. The pro-El Toro Airport Working Group paid for the $45,000 review.
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