Widely misunderstood...
As part of its project mitigation planning, the Orange County Transportation Authority’s Measure M program has sequestered a huge pile ‘o cash, something in the neighborhood of $200,000,000. The purpose of this dough is to procure sensitive habitat from private property owners who might have development plans.
Naturally, the West Coyote Hills property was on the initial list, until removed by its owners last year. Chevron likely thought their plans for development were in the bag in 2010.
Assuming that Chevron is going to be paid fair market value for the property on a voluntary basis, then that would be a good result. However, if they are forced to accept a below market value offer because of eco terrorist threats based on misuse of the judicial process, then that is an egregious violation of the constitutions of both California and the United States.
Isn’t the OCTA one of the government agencies that claims it is facing a huge unfunded employee pension liability? And it is sitting on $ 200 million? How about paying for its pension promises with this largess? If it takes state legislation to make that possible, give it a try.
OCTA has to spend that money on items approved in Measure M. As such the money could be applied to pensions only with a seperate voter approved measure that redirected the funds.
I think preserving the natural area known as Coyote Hills is a great goal and if this is the best way it should be done.
Jim. As a co-author opposing the Measure M extension I have read the text regarding the use of said funds. Anyone can see that data on the Internet.
Any diversion would require some level of approval