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Signed a Purchase Agreement for the Pearl
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The City of Reykjavík and Perlan Development Company signed an agreement this morning to purchase Perlan and two tanks. The purchase price will be used to develop infrastructure in Reykjavík. Perlan was opened in 1991 and has been owned by the City of Reykjavík since 2013. Reykjavík City Council approved the purchase agreement at its meeting yesterday. The purchase price is 3.5 billion ISK, which will be paid in thirteen annual payments until 20…
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