City talks fair funds
From the Daily Pilot
Following demands for more transparency regarding a potential purchase of the Orange County Fairgrounds, Costa Mesa City Manager Allan Roeder gave a presentation at Wednesday’s special City Council meeting on the city’s negotiations to buy the 150-acre complex from the state.
Roeder shared with the public some of the city’s goals as it continues to look for ways to make a purchase, but gave no details as to how much the city is willing to pay for the fairgrounds or how a purchase would be financed. The state estimates that it could fetch between $96 million and $180 million, but the city and county previously bid $6.5 million.
“I’m not at liberty to talk about the details,” Roeder said.