"For the Everglades, a Dream Loses Much of Its Grandeur"

"WEST PALM BEACH, Fla. — In the end, Gov. Charlie Crist’s effort to buy huge swaths of sugar company land for the Everglades restoration was just too much: too much money, too much land to handle, and too much of a fight with critics and the courts.

A vote on Thursday by the South Florida Water Management District — to scale back the deal for a third time — is expected to finally end negotiations, but it also amounted to an admission of overreaching. What began two years ago as a stunning $1.75 billion purchase of the United States Sugar Corporation and all its assets, including 187,000 acres of land, is now set to close in October at a fraction of its original size, with 26,790 acres being sold for $197 million."

Damien Cave reports for the New York Times August 12, 2010.

Source: NYTimes, 08/13/2010