Santa Clara considering selling Loyalton Ranch property — again

Santa Clara considering selling Loyalton Ranch property — again

2 years ago
Anonymous $FNmJglWnLu

https://www.siliconvalley.com/2021/12/15/santa-clara-considering-selling-loyalton-ranch-property-again/

Following last year’s devastating wildfires that scorched millions of acres across California, Santa Clara is looking to sell Loyalton Ranch — a more than 10,000-acre property 30 miles north of Truckee that spans parts of Lassen and Sierra counties.

The city purchased the land in 1977 for $1.6 million with the hope it could be used to harvest steam and geothermal electric energy. But those efforts proved fruitless, and instead, the city has leased the land for cattle grazing.

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