Irvine Company donates land

January 01, 1960 Gift of land from the Irvine Company

In September 1960, the Irvine Company transferred the title for 1,000 acres to the University of California. However, a charter in the company policy stated that real property could not be donated to a public entity. As a result, the University of California paid the Irvine Company one dollar for the land.

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