The 14-acre site overlooking the crossing of Loop 410 and Interstate 10 was acquired to consolidate worksite operations. Facing a cash crunch, the utility is dumping it.
Riders enjoy the go-karts at Malibu Grand Prix & Castle amusement park in August 2015, about a month before it closed. The land that held the park has been put up for sale by CPS Energy.
In February, it wrapped up disposal of those properties with the sale of the historic, UFO-shaped Villita Assembly Building, known for hosting Fiesta events, to a partnership linked with the downtown developer GrayStreet Partners for $5.3 million. In January, CPS had sold another of the seven – a 5.9-acre plot along the River Walk, next to the San Antonio Museum of Art –.
Winter Storm Uri in February 2021 also put the utility in financial straits by leading it to pay astronomical prices for scarce electricity and natural gas to keep the heat on in customers' homes. CPS’ financial condition was a point of debate at the meeting after the board considered the results of an internal review of the utility’s performance in fiscal year 2023. The utility failed to achieve several of its performance metrics, the review concluded, including with regards to its debt levels and the amount of cash it has available.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Driver flees after vehicle catches fire in crash on Loop 1604, SAPD saysA speeding driver crashed his truck into a concrete wall on Loop 1604 and fled the scene on foot after escaping a fire Saturday night, according to San Antonio police.
Baca lebih lajut »
Fatal crash in Walnut Creek near Interstate 680 investigatedThe crash happened about 5:35 a.m., according to the California Highway Patrol.
Baca lebih lajut »
Nouriel Roubini: The economy is about to enter a 'doom loop'Nouriel Roubini says markets should brace for a meltdown as stressors lead to a 'doom loop' in the economy
Baca lebih lajut »
Nightly lane restrictions on Loop 303, between I-17 and 51st Avenue, April 3-5
Baca lebih lajut »
Plan for overnight ramp closures and lane restrictions on Interstate 10 in Tonopah beginning April 2
Baca lebih lajut »