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Land Resources / News / California

Gold Line Reaches $56 Million Land Deal with Monrovia

Source: Sierra Madre Patch, by Nathan McIntire
July 25, 2011
The Gold Line Construction Authority has agreed to terms with the city of Monrovia to purchase land for a maintenance yard crucial to keeping the Gold Line Foothill Extension on track.

Under the negotiated arrangement, the authority will pay about $56 million in total compensation to purchase land on Evergreen Avenue from the city needed for a maintenance facility that will service railcars along the line, GLCA CEO Habib Balian said in an interview with Patch.

Read the complete article from Sierra Madre Patch »

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