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Bad Credit Credit Creditres Tucked into a $3.4-billion clean water bond that California voters passed last week is money that opponents of the Ahmanson Ranch development are eyeing to buy the grazing land near Calabasas and preserve it.

Nichols said she thinks there will be enough money to buy both the Ballona Wetlands and Ahmanson Ranch. "Yes, there should be, " she said. The Tejon Ranch deal is further from fruition and likely would not be funded, at least by the state, until the economy improves and voters approve another round of funding for land preservation, she said. Another large project is the $ million restoration of the 1, acre Bolsa Chica Wetlands near Huntington Beach. Ventura area for funds.

Bad Consolidation Credit Debt Proposition 50 earmarks at least $300 million for protecting watersheds and wetlands in Los Angeles and Ventura counties, and includes $40 million for the Santa Monica Mountains Conservancy, the state agency that acquires parkland in the area.

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Bad Company Credit Repair Supporters of the idea said that using the bond money to buy Ahmanson Ranch meets the law because the land drains into Malibu Creek, which flows through the Santa Monica Mountains National Recreation Area and into Santa Monica Bay.

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Bad Card Credit Credit Assemblywoman Fran Pavley (D-Agoura Hills), who was reelected Tuesday, said she will work to build support in Sacramento for putting Proposition 50 money toward buying the 2,800-acre ranch.

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Bad Car Credit Loan "What a wonderful legacy for the state if we could do this," Pavley said.

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Bad Credit Loan Mortgage Opponents of the $2-billion, 3,050-home subdivision have been trying for months to persuade owner Washington Mutual to sell the land to the public or enjoy a sizable tax break by donating it to a conservation agency.

Auto Bad Credit Loan They say they could have pieced together an attractive bid even before Proposition 50's passage, but the bond puts them closer to their goal.

Bad Credit Mortgage Refinance "We are asking [Washington Mutual] to come to the table and sell this at a fair price to the state of California so it can forever be preserved as parkland," said Chad Griffin, spokesman for the organization Rally to Save Ahmanson Ranch.

Bad Credit Refinance The group encouraged its allies to support Proposition 50, which was formally titled the "Water Security, Clean Drinking Water, Coastal and Beach Protection Act of 2002."

Bad Credit Mortgage Second The group's co-chairman, Chris Albrecht, an HBO executive, contributed $20,000 to back the ballot measure. It passed 55% to 45%.

Bad Credit Loan Student Estimates of how much money it would take to buy the ranch range from $100 million to as much as $500 million.

Bad Card Credit Washington Mutual, a Seattle-based bank, has repeatedly insisted it wants to start building homes and that it isn't interested in selling its land.

Bad Credit Financing "We are now focused completely on building a new community, the Ahmanson Ranch community, in an area where there is a strong imbalance of jobs over housing," spokesman Tim McGarry said.

Bad Credit Home Loan Mortgage "Prop. 50 was about water, and Ahmanson is not just about water," said state Sen. Sheila Kuehl (D-Santa Monica), who favors preserving the ranch. "It's about traffic and it's about land use and it's about air pollution" as well as water.

Bad Credit Loan People So a hodgepodge of funding sources, including the Proposition 40 parks and natural resources bond from March, might be more appropriate, she said. Whether the latest bond applies to Ahmanson Ranch is moot, Kuehl said, if Washington Mutual refuses to be a "willing seller," as the law requires.

Bad Card Credit Credit People Given the expected competition for Proposition 50 money among agencies and nonprofit groups, spending tens of millions, if not hundreds of millions, on the Ahmanson parcel might not make sense, said Mike Spear, deputy secretary for land conservation and stewardship at California's Resources Agency.

Bad Credit Guaranteed Loan "If you do Ahmanson, there's a whole bunch of stuff that's not going to get done elsewhere," Spear said. "We're very concerned about one project taking all of the funding for an area."

Bad Credit Refinancing Joe Edmiston, executive director of the Santa Monica Mountains Conservancy, said he would like to participate in a state purchase of Ahmanson Ranch for parkland.

Bad Credit Equity Home Loan "I think we're eager for a solution to the problem," he said. "And we certainly would be in a position to try to help if we had a willing seller. But I've not received any communications from Washington Mutual's representatives. They know my e-mail. They know my home number."

Bad Credit Loan Payday By Massie Ritsch
Los Angeles Times - 11/10/2002

Topic: Less Sprawl

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