Non-profit may sell Gilroy Gardens to city
Posted May 9, 2007, 9:11A |
Contributed by BabsG
The newly christened Gilroy Gardens is for sale - provided the buyer is the city of Gilroy. The price? Just $12.6 million to retire the debt on the 530 acres that include the park formerly known as Bonfante Gardens. At a time when land in Silicon Valley sells for several million an acre, it's a steal.
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