One study is necessary to update the biological survey to determine the amount of wetlands in the 30-acre parcel. The second, to work with the seller, Union Pacific, to determine how best to complete the remedial action plan for toxic cleanup. Let's talk cost. The council could have also directed Rose to require Union Pacific to pay to finish the remedial action plan and to solicit bids for cleanup. The land is not usable, the City Council decides to forget it and the deal is dead.
Real estate is bought and sold with conditions.
There is an unfair element about the valuation of the property. In commercial transactions, land use is paramount. In other words, the use determines the value to a large extent. This deal, negotiated at the direction of the council just a few months ago, is a good one, one that the council should graciously accept. Eureka residents should call their council members to express their opinions.