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Carson Reclamation Authority approves amended option agreement for former Cal Compact landfill; directs counsel to negotiate ownership "lockout" period for "Car
Summary
The Carson Reclamation Authority on May 5 approved an amended and restated option agreement with Carson Goose Owner LLC and Fidelity National Title Insurance Company to convey Cells 3, 4 and 5 of the former Cal Compact landfill and directed authority counsel to negotiate a post‑completion transfer lockout period for Carson Place.
The Carson Reclamation Authority on May 5 approved an amended and restated option agreement with Carson Goose Owner LLC and Fidelity National Title Insurance Company to convey Cells 3, 4 and 5 of the former Cal Compact landfill, and directed authority counsel to negotiate terms limiting post‑completion transfers of the retail portion known as Carson Place.
The agreement covers conveyance of the 157‑acre site’s Cells 3–5, requires the developer to complete project entitlements and remedial systems, and anticipates annexation into an existing community facilities district to cover operation and maintenance costs. The board voted unanimously to approve the amended agreement after staff corrected the intended closing date and after a cross‑party discussion about when Carson Place could be transferred to new ownership.
The staff presentation said the amended and restated option agreement is intended to prepare the parties for closing and described multiple related exhibits, including an easement for the landfill operations center, a…
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