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El Centro, Imperial County, California
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El Centro County supervisors rejected a $25-per-acre offer from Central Fibre Corporation to buy 30 acres of tax-delinquent land in the industrial district, deeming it worth $50 per acre plus back taxes, and urged a higher bid due to its industrial value.
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Supervisors Monday refused to approve sale of tax delinquent property in El Centro's industrial district for $25 an acre on the grounds that it was worth $50 an acre plus back taxes.
The offer to purchase 30 acres in northeast El Centro came from the Central Fibre corporation.
Three taxing agencies, El Centro, the irrigation district, and the county, were included in the transaction.
The supervisors unanimously voted to refuse the offer and suggested that a better offer should be made for the land because of its industrial value.
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Where did it happen?
Domestic News Details
Primary Location
El Centro
Event Date
Monday
Key Persons
Outcome
supervisors unanimously voted to refuse the offer and suggested that a better offer should be made for the land because of its industrial value.
Event Details
Supervisors refused to approve sale of tax delinquent property in El Centro's industrial district for $25 an acre on the grounds that it was worth $50 an acre plus back taxes. The offer to purchase 30 acres in northeast El Centro came from the Central Fibre corporation. Three taxing agencies, El Centro, the irrigation district, and the county, were included in the transaction.