--- In [email protected], "jyouells2000" <[EMAIL PROTECTED]> wrote: > > OK Jim - I did and I had to read it twice to get what seems to be > the crux - > > "Most local residents were thrilled when Eastwood, Ueberroth, Palmer > and others bought the company in 1999 for $820 million. Its previous > owner _ Taiheiyo Club Inc., a Japanese company _ had proposed building > another golf course as well as 315 new homes." > > > Seems like they put their money up to keep it from being developed > much more. They're proposing to build many fewer houses (132) and > preserve more land. They do need to recoop the money they invested. > Looks like a compromise and more environmentally conscious than the > previous owners. (although the story is slanted in the other > direction) Not nearly so black and white - that's why they have > community support. > > JohnY > Make that 33 homes and 150 hotel rooms and an equestrian center ...
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