MEMOIRS BY DR. SAMUEL H. SUTHERLAND PRESIDENT EMERITUS June 20, 1986 Page 9 - Tape 1
We envisioned our campus would overlook the regional park, part of which was to be surrounding those lakes, and a tunnel going under La Mirada Boulevard. The rest of the regional park could be put on the eastern side of the boulevard. A price was set at $4,500 an acre for the land we wanted. Everything seemed to be fine, but the Southeast Recreation Department's Board dragged its heals until it was rather disgusting in the minds of the La Mirada Development Company to have to deal with them. Therefore, they told us that if we wanted to purchase the entire land area where the ponds were located, they would sell the land to us for $2,000 an acre. We could then put our athletic facilities down there and have more high land for subdivision purposes and still have a campus of 50 acres or more. The offer sounded very good to us, and that deal was finally consummated. The net result was that we ultimately purchased 160 acres of the high land above those lakes and the low land including those lakes. We then subdivided
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