This past June, Chevron paid to have two 300-foot smokestacksand an old asphalt plant demolished to pave the way forredevelopment of the now-city owned property. Chevron has alsogiven the city a 70-acre site across the street for possibleindustrial development.
At completion and lease-out, the new property is expected togenerate more than $400,000 in property taxes.
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