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Clint Eastwood’s $3.08M California land deal

In 1995, Clint Eastwood sold approximately 280 acres of his Malpaso Creek property in Carmel, California to Monterey County for $3.08 million. This significant land deal was not simply a donation from a celebrity, but rather a transaction that included a conservation easement to protect the land as open space. The county purchased the land using public funds, including those related to California’s Proposition 70, which funds the acquisition and protection of open space.

By 1995, Eastwood had been buying property in the area since the late 1960s, with his holdings reportedly growing to around 650 acres. The Malpaso property, spread around Highway 1 and the Big Sur coast, comprised five parcels and was situated in a landscape of steep terrain, coastal habitats, and Monterey pine forests - a stark contrast to heavily developed parts of California.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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Elite Group donates to establish trust fund at University of Dhaka

Elite Group of Industries has donated to establish the “Elite Group Serajuddin and Rabeya Seraj Trust Fund” at the University of Dhaka. The donation cheque was formally handed over to the university authorities on Wednesday at a ceremony attended by Prof ABM Obaidul Islam, vice-chancellor of University of Dhaka, as chief guest.

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