12/02/08

Updated On 06/30/08 at 02:55PM

Water managers approve Everglades plan



Everglades


Water managers unanimously endorsed the state's $1.7 billion buyout of the U.S. Sugar Corp. to control more than 187,000 acres in the Everglades. The managers approved as much as $5 million in spending on appraisals and environmental studies; $2 million more will be needed after October 1st. The purchase is expected to exceed $3.5 billion over the next 30 years, including the interest on loans required.

More at: [Palm Beach Post]


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