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Talks OK'd for Fla., U.S. Sugar
Published: Tuesday, July 1, 2008 at 6:10 a.m.
Last Modified: Tuesday, July 1, 2008 at 7:11 a.m.
Last Modified: Tuesday, July 1, 2008 at 7:11 a.m.
A historic conservation deal for Florida to acquire some 300 square miles of land for Everglades restoration moved forward Monday when water managers approved a negotiation process for the potential $1.75 billion purchase.
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The South Florida Water Management District board's approval to allow formal talks to begin with U.S. Sugar Corps was unanimous.
Gov. Charlie Crist announced last week that the state and the nation's largest producer of cane sugar were close to an agreement on turning over the land for Everglades restoration.
The deal would mean the end of U.S. Sugar's operations and the loss of 1,700 jobs.
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