Marina Approves Huge Subsidies to Restart Key Project
1 October 2008 - 2:03pm
| Author: Paul Shigley
Faced with the potential demise of a highly anticipated 430-acre commercial and residential project, the City of Marina has added more than $80 million worth of subsidies and incentives to a deal with developers. In the recently approved deal, the city also reduced the developer’s workforce housing obligations and agreed to cover half of water connection fees.
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