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Article: Tejon Ranch and Pacific Pipeline System Inc. reach agreement on pipeline.
- Article from:
- Business Wire
- Article date:
- December 6, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LEBEC, Calif.--(BUSINESS WIRE)--Dec. 6, 1995--Tejon Ranch and Pacific Pipeline Inc. announced that Tejon has withdrawn its objections and opposition to the construction of the proposed Pacific Pipeline, whose route traverses part of its 270,000-acre ranch located 30 miles south of Bakersfield and 60 miles north of Los Angeles.
Tejon Ranch and Pacific Pipeline System have successfully concluded negotiations and reached agreement on right-of-way issues that will allow the Pacific Pipeline to cross Tejon's property.
During negotiations of the right-of-way agreement, Tejon, the underlying landowner, raised concerns about financial responsibility for the clean-up ...