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Top Ten Stories Of 1999

January 01, 2000

in a number of local issues -- most notably airport expansion -- was

perhaps more noteworthy than the election of the mild-mannered Laurell.

Although he ran an aggressive campaign, McConkey seemed to take his

defeat in stride.

"My father gave me advice when I was very young," he said that night.

"There's no shame in trying if there's something you believe in."

NO. 4

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LOCKHEED SELLS OUT

A decade after closing up shop, Lockheed Martin Corp. went a long way

toward completing its withdrawal from Burbank in 1999 by selling off much

of its remaining property here.

The biggest and most significant deal involved the sale of the of

Lockheed's 130-acre "B-6" property to Burbank Airport. The $86-million

price tag for the site -- where the airport plans to build a new terminal

-- was set in June by a Superior Court jury in the Burbank courtroom of

Judge Carl West.

However, the lengthy legal battle, which began when the airport seized

the property through eminent domain in June 1997, was not over. West said

the sale violated the state law since Burbank had not yet agreed to allow

the terminal to be built. West approved the deal in November when the

parties arranged to have the land where the terminal is planned placed in

an escrow account. If the city and the airport can't come to terms on a

new terminal, the Airport Authority will have to sell the property.

Two other large tracts of Lockheed land were sold in 1999, both to Los

Angeles-based Zelman Development Companies.

In March, Zelman agreed to buy Lockheed's 103-acre "B-1" property for

$69 million. The firm plans to build Burbank Empire Center, a

$200-million retail and office center that will include hotels, car

dealerships and several "big box" stores.

In December, Zelman inked a $20-million deal to buy Lockheed's 31-acre

"A-1" property, which was used to design, manufacture and assemble

aircraft and which served as the company's headquarters until the early

1990s. Zelman wants to build a high-tech industrial manufacturing complex

on the site.

The completion of both deals is contingent upon city approval of the

development plans, but it's likely both will go through.

"This is the end of the ownership era for Lockheed," City Manager Bud

Ovrom said.

NO. 5

GRADUATION BLUES

High school graduation is traditionally a time of celebration for high

school seniors, but this year in Burbank there were tears of anger and

disappointment mixed in with the tears of joy.

At issue was the Burbank Unified School District's graduation

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