© 1999- News-Register Publishing | © The Associated Press
The News-Register and NewsRegister.com are owned and operated by News-Register Publishing Co., P.O. Box 727, McMinnville, OR 97128.
All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The News-Register and NewsRegister.com are owned and operated by News-Register Publishing Co., P.O. Box 727, McMinnville, OR 97128.
All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Comments
Oregonian
The Yamhill site has been for sale off and on for decades. I believe I saw $60,000 as the asking price at one point. The state couldn't force the current owner to clean up the contamination, but any new owner would have to do so at an unknown cost. The $260,000 number quoted in the article shows how hard it is to convert this type of property into usable land. After the clean up, the property might be worth $100,000. No one in their right mind would have bought it at $60,000 and paid something like $260,000 to remove the contaminants.