relationship
Faring / Carson Goose Owner — Carson Reclamation Authority Carson Place Relationship
At a glance
Direct public-private redevelopment relationship documented by Carson records. Faring Capital entered an option agreement with the Carson Reclamation Authority for Cells 3, 4, and 5 of the former Cal-Compact landfill in December 2020, then assigned the rights and obligations to Carson Goose Owner, LLC in January 2021. Subsequent records document land-value payments, remediation and O&M obligations, development planning, amendments, and continuing agency negotiations.
What the record shows
Key facts
Amount
$45 million residual land value structure
Address
20400 S. Main Street, Carson, California
Financial context
Direct land-option, residual-land-value, remediation, O&M, and extension-payment relationship documented between the Faring-originated project entity and the Carson Reclamation Authority.
Documented amounts
$45 million residual land value · $12.5 million initial payment · $32.5 million remaining payment described in audited records · $300,000 extension payment
Original Option Date
2020-12-17
Assignment Date
2021-01-15
Evidence
Sources
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