The town needs up to $3 million to buy the former plant nursery site at 900 Portola Road — $2.6 million for the property and up to $400,000 to clean up herbicide residues in the ground.
Should the Blue Oaks properties not sell for a sum sufficient to pay for the Portola Road property, the town does not plan to use tax revenues to make up the difference, but would undertake "a concerted fundraising effort," Town Manager Nick Pegueros told the Almanac in an email.
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