Proposition 100, drafted with the support of developers and other businesses to counter the much tougher Prop. 202, was ordered removed from the ballot by a lower court earlier. The judge said that the measure violated state law by addressing more than one issue in a single proposition.
The lower court's decision was overturned by the state Supreme Court on Thursday, so Prop. 100 can appear on the ballot after all.
Proposition 100, known as "Growing Smarter Plus," is an extension of a land conservation plan passed last year by the Legislature. Growing Smarter Plus would change the way the state manages its land and would set aside up to 3% of it for preservation.
"It's great news that Prop. 100 can go back on the ballot," says Dominic Petrucci, Intermountain Division president of California-based Koll Development Co. and a leading opponent of Prop. 202. "If the public knew all the details of the Sierra Club proposition they would not be in favor of it."
Real estate and business groups hope that Proposition 100 will take some of the steam out of Proposition 202, which calls for restrictive growth boundaries and a two-year building moratorium. Some economist have projected that if Prop. 202 passes, it would cost the state more than 200,000 jobs in the first two years alone and abort the expected creation of 1 million more after that.
Now that Proposition 100 is back the ballot, the battle between the business/real estate community and environmental groups is sure to heat up as the November election approaches. Developers and elected officials across the country are watching, in part because Prop. 202 is the first attempt ever to enact municipal growth boundaries on a statewide basis.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
