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Ignoring Environmental Due Diligence Could Be Costly

BB&K In The News

BB&K's Danielle Sakai Explains Why Public Agencies Should Assess a Property's Condition Before Purchasing It

JANUARY 8, 2014
California Special District magazine

By Danielle G. Sakai

We have all heard the saying “ignorance is bliss,” but in the area of real property acquisition, the more important idiom is “what you don’t know can kill you.” That may be a bit dramatic, but what you don’t know about a property’s condition could certainly cost the acquiring special district a lot of taxpayer money – money that would be better spent fulfilling the agency’s statutory purpose, rather than cleaning up someone else’s toxic mess.

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This article was originally published in California Special District magazine, Volume 8, Issue 6, Nov - Dec 2013. The magazine is published by the California Special Districts Association. Republished here with permission from the association.

 

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