A landmark $165 million deal to buy and restore salt ponds in the south San Francisco Bay is the largest project in the state's history.
The tentative deal with Cargill Inc., an agricultural and industrial company, begins the largest wetlands restoration project in the state's history. It is designed to help nurse San Francisco Bay back to ecological health, eventually returning the saltwater evaporation ponds to tidal marshes for birds and fish... [the] announcement culminates four years of negotiations with Cargill to purchase the drained and desiccated wetlands--once offered for sale for $300 million. The process bogged down repeatedly until U.S. Sen. Dianne Feinstein (D-Calif.) brought the sides together with the help of four private, nonprofit foundations."
Thanks to Chris Steins
FULL STORY: Deal Struck to Restore Salt Ponds in S.F. Bay

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