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Ashley Capital seeks full‑site purchase of old Stuart landfill; commission declines brief extension to continue talks
Summary
Developers Ashley Capital presented environmental, geotechnical and economic analyses for the old City of Stuart landfill and requested a due‑diligence extension to negotiate purchase terms. Commissioners declined to approve the requested extension, leaving the site's future uncertain.
Ashley Capital representatives told the City Commission on March 10 they have completed an initial round of environmental and geotechnical testing at the old City of Stuart landfill and want time to finish cost estimates and negotiation of a purchase that would allow remediation and redevelopment.
Jill Marasco and Mark Quimby of Ashley Capital explained the company’s surveys show landfill thickness varying from about 2 to 20 feet, elevated methane within the site and at the northwest property boundary, and contaminants consistent with a regional PFAS plume. Quimby said additional sampling requested by the Florida Department of Environmental Protection would likely cost about $125,000 and that…
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