Adapted from Jeff Minkler’s presentation at the 2018 Annual Dinner
     The original purchase of the land from the Vail family was made in December 1964. It was 87,500 acres for $21 million. The area was named Rancho California, a real estate joint venture between Kaiser Aluminum, Kaiser Industries and Macco Construction. Each partner contributed $7 million. Macco, the Southern California home builder who originally discovered the property, was the managing partner for the first five years of the project. The Kaiser companies were more like money partners, but each voted on management and finances.