278 



If you see then, immediately adjacent to that, some green lines 

 on there, they represent the Aerojet lands that are included in the 

 land exchange, the so-called 4,650 acres. 



The portion that is in yellow is an existing Aerojet plant site, 

 which we are offering as an option to the State of Florida, for them 

 to buy at today's price, the same $5.25 an acre they are paying for 

 the wetlands that are in green, providing Aerojet does not start 

 using that site within seven years for national defense purposes. 



We are in the finalization of that documented agreement with 

 the south Florida water district. We have an agreement in princi- 

 ple now, and are working out those details. 



You will notice a bit north of some of the green on the map some 

 little checkered squares. Those are tomato farms. A number of 

 people have suggested that tomato farms are involved in the land 

 exchange. 



I would like to say for the record, that is not true. South Florida, 

 I think, believes they know what they want, and I am surely not 

 going to second guess them. But they are not buying tomato farms. 



There has been a great deal of talk about a conservation reserve. 

 I would like to say that Aerojet offered that in its land exchange 

 because we thought it was the right thing to do. 



I think it was one of the number of many mitigations that we 

 believe are right for this site. Mr. Fred Wright's comments that he 

 just made about revising the words in it I agree with, and we will 

 be working with the committee during markup, I hope, to cause 

 that to happen in that manner. 



I think at this point. Senator, again, recognizing that we are run- 

 ning out of time, if I can answer any questions you may have, I 

 would be pleased to. 



[The prepared statement of Mr. Clark follows:] 





