Tuesday, January 6, 2009

LAWA Money Could Clean up El Toro!


The Register featured an article about the toxic waste at El Toro and gave mention to two great websites in the process.
www.eltoronow.com and www.salem-news.com
This will surely generate lots of publicity about why a Great Pork is the least acceptable use of a former military airport. During the previous El Toro debates, Emperor Agran and his merry band of NIMBYs were saying the land was "too toxic" for an airport.....but would like us to believe it is clean enough for park and residential uses. PLEASE!

Los Angeles World Airports has previously offered the Navy 2 billion dollars to lease El Toro and 300 million to the Navy to clean it up. Instead the property was sold to Lennar for pennies on the dollar and they are still bleeding money like crazy. The fact is the real estate market has a glut of housing, especially here in Orange County. Adding even more houses will not dig Lennar out of its predicament.

However, selling or leasing the El Toro property to Los Angeles World Airport Authority will reverse Lennar's downward slide. We are talking about a potential multi billion dollar stimulus package from Los Angeles. Don't look for this kind of help from the Obama administration and Washington D.C. as Orange County is Republican Country!

Re-opening El Toro International Airport will get the base cleaned up, create 90,000 jobs, result in shorter commutes, cheaper fares, and take cargo trucks off the road to LAX. There would even be plenty of land for Larry Agran to finally realize his dream of a Great Park.

In addition, there will be an increase in economic activity and these new jobs will create more demand for housing and raise everyone's property values. Otherwise, adding thousands of new homes on a superfund site no less without an accompanying economic catalyst like an airport will further retard local economic growth.