El Paso leaders have declined to buy an iconic 826-foot smokestack to help preserve a former smelter site.
The El Paso City Council on Tuesday rejected a resolution by the group Save the Stacks to purchase the smokestack, another chimney and nearby land.
Council members did approve a resolution to support saving the property but not committing any money.
Preservationists want to save the former Asarco LLC smokestack and a 610-foot concrete chimney at the plant, which closed in 1999.
Asarco trustee Roberto Puga has said the two stacks could be demolished by March as the company seeks to sell the property. He's estimated a cost of about $14 million to insure and maintain the stacks for 50 years.
Copyright 2012 The Associated Press.