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![]() The ballot initiative will give voters the opportunity to lock in the general plan amendment language, which provides information on the uses for the 150-acre fairgrounds. Allowable activities would include equestrian, concert and live entertainment uses, while those prohibited would include casinos and shopping centers. Placing the measure on the June ballot could cost between about $112,000 and $137,000. The move comes in response to the recent actions by state officials to sell off the property to curb the massive budget deficit. The venue – which houses the popular O.C. Fair, among a number of events that draw visitors and boost revenue for local businesses – was auctioned off to Newport Beach-based retail outlet developer Craig Realty Group for $56.5 million in January. The state is currently reviewing the high bid. Moving forward, Councilwoman Katrina Foley says officials will continue to work with the governor's office to encourage Schwarzenegger to stop the sale and reject all the bids for the property, while also transitioning ownership to the city. Related headlines Costa Mesa officials seek to preserve fairgrounds Mother's Market & Kitchen expands in Costa Mesa spot New film festival comes to Anaheim Irvine Co. Office Properties signs deals for 115,000 square feet |
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| Comment at 2/17/2010 |