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Latest U.S. Sugar Stories

2008-12-12 16:34:00

WEST PALM BEACH, Fla., Dec. 12 /PRNewswire-USNewswire/ -- Since Governor Charlie Crist's announcement of the purchase of U.S. Sugar's land for Everglades restoration last June, Florida Crystals has sought to work with the South Florida Water Management District and the Governor's office to ensure the deal would achieve the Governor's environmental objectives, while at the same time being financially sound and protecting sustainable agriculture. Unfortunately, the terms of the deal...

2008-12-10 13:24:46

A state legislator in Florida said the state's proposal to buy 181,000 acres from U.S. Sugar to support Everglades restoration was a corporate bailout. In a letter to the South Florida Water Management District, Miami-Dade County Rep. Juan Zapata said the $1.34 billion deal, touted as a huge environmental coup, appears to be nothing more than a corporate bailout. State lawmakers were extremely concerned about the deal, Zapata wrote. U.S. Sugar's board approved the deal, but the South Florida...

2008-08-02 21:00:11

FORT LAUDERDALE, Fla. _ New islands, rising from Lake Okeechobee like a bass fisherman's version of Atlantis, could become a tourist-attracting, economic alternative for the Florida city of Pahokee's life after U.S. Sugar. The state's proposed $1.75 billion buyout of U.S. Sugar to further Everglades restoration threatens to leave Pahokee and other Glades cities without a major employer. This comes at a time when lingering low lake levels have hurt marinas and other water-dependent...

2008-07-31 03:00:28

By Andy Reid, South Florida Sun-Sentinel Jul. 31--In the midst of the state's buyout negotiations with U.S. Sugar, a coalition of environmental groups on Wednesday called for a moratorium on development that could create new obstacles to Everglades restoration. The state by November hopes to finalize a $1.75 billion deal to buy U.S. Sugar's 187,000 acres in the Everglades Agricultural Area and re-create the flow of water that once linked Lake Okeechobee to the Everglades. In the...

2008-07-18 03:00:27

By Andy Reid, South Florida Sun-Sentinel Jul. 17--South Florida water managers warned a federal judge Thursday that a lingering lawsuit threatens to cut off funding needed to speed up Everglades restoration. In addition to stalling projects to store and clean water needed to revive the Everglades, the lawsuit could hurt the borrowing power of the South Florida Water Management District, now negotiating to purchase U.S. Sugar, district representatives said. The $1.75 billion deal calls...

2008-07-12 06:00:16

By Andy Reid, South Florida Sun-Sentinel Jul. 12--The Miccosukee Tribe on Friday called for a federal judge to force South Florida water managers to finish building a massive reservoir intended for Everglades restoration. The tribe contends that the state's $1.75 billion bid to buy out U.S. Sugar derailed the long-promised reservoir in western Palm Beach County, violating an agreement to corral and clean up polluted water headed to the Everglades. Water managers suspended construction...

2008-07-10 18:00:23

By Andy Reid, South Florida Sun-Sentinel Jul. 10--More than doubling the budget for South Florida water managers and shelving some Everglades restoration projects are among the ways that were proposed today to pay for the state's bid to buy out U.S. Sugar. The South Florida Water Management District revealed a plan for a $2.9 billion agency budget next year -- up from the $1.3 billion expected -- to pay for buying U.S. Sugar's 187,000 acres. The boost comes from adding in costs for...

2008-06-24 21:02:21

Gov. Charlie Crist on Tuesday announced a plan for the largest conservation land deal in Florida's history _ the purchase of 187,000 acres of farmland that will be used to restore the Everglades. Meeting at the edge of a water treatment area in western Palm Beach County, the governor signed a "statement of principles" to guide the final negotiations of a $1.7 billion deal with U.S. Sugar. The deal will transfer all of U.S. Sugar's property to the state over the course of at least 6 years....


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.