Homes For Salton Sea?

The Salton Sea Test Base could be used to build over 200,000 houses -- provided the area is fit for human habitation.

1 minute read

October 18, 2005, 10:00 AM PDT

By Brenda Meyer

"Citigroup Inc., a multinational financing corporation, has bid to underwrite more than $600 million in bonds to finance the plan, if Congress will guarantee the funds and give the Salton Sea Authority up to 15,000 acres of federal land. The agency's board is slated to vote on the Citigroup proposal Oct. 27, part of a lengthy approval process by federal and state officials. The homes would be built over 30 to 40 years."

Read the full story: Salton Sea Revival Could Include 200,000 Homes

Tuesday, October 18, 2005 in The Los Angeles Times

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