PANORAMA CITY : Council Accepts 5 Acres From GM
Los Angeles City Council members Wednesday voted to accept five acres of land from General Motors at its closed Panorama City plant, a donation city officials said is worth $10 million.
City officials want to use the land for a new San Fernando Valley police station. The project was included in Proposition 1, the $171-million bond issue that failed in Tuesday’s election.
Councilman Richard Alarcon, in whose district the site is located,, called the donation “one of the most significant public safety investments in our city’s history.”
“I am committed to exhausting all efforts and financing options to build this needed sixth Valley station in the mid-Valley,” Alarcon said. “GM’s very generous donation is unprecedented and will enable us to push forward in our efforts to make this station a reality.”
The exact location of the five acres has not been determined. Potential buyers for the remaining 75 acres of the plant, which has been closed since 1992, have agreed to include a police station in their site plans.
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