In 1998 Edison sold the plant to AES for peanuts under the condition Edison wouldn't have to clean up the site before sale. In December of 1998 the city entered into a M.O.U. or Memorandum Of Understanding with AES and Williams Gas Marketing. That understanding was that AES got to keep Edison's tax exemption.
STOP BIG MONIED INTERESTS IN REDONDO!
VOTE COLEMAN MARCH 5th 2013
for more info:If we go up against AES again can we really win? After all the court costs and attorney fees are added up will we, the tax payer, be left holding the bag? And are the City Council officials who are passively calling for the plant's dismantling, the very same ones who were in office in 2008 and signed that agreement, really just doing all this to court voters?