Nov 5, 2014 2:17 PM by News Staff
Voters in Redding approved the Turtle Bay land deal, Measure B, Tuesday by a 53 percent to 47 percent margin.
Measure B authorizes the sale of 14 acres currently leased by Turtle Bay Exploration Park to the McConnell Foundation for the price of $600,000.
The McConnell Foundation intends to prepare the lot for the construction of a four star Sheraton Hotel that will help fund Turtle Bay and the city.
Advocates of Measure B say the project will create hundreds of jobs, but the opposition says the land is being sold for pennies on the dollar.