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Tejon Ranch Agreement May 2008

The Tejon Ranch Agreement of May 2008 aims to balance conservation and development interests on the Tejon Ranch. The negotiation process involved scientific input to identify conservation values, ranking of development values, and focusing discussion on areas of overlap. The goals include long-term shareholder value, intact ranch ownership, and maximizing permanent conservation of land. Key components include permanent conservation of 240,000 acres, governance and funding, public access, and ranch management and development.

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Tejon Ranch Agreement May 2008

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  1. Tejon Ranch Agreement May 2008

  2. The New York Times

  3. San Francisco Chronicle

  4. The Sacramento Bee

  5. Los Angeles Times

  6. The Agreement

  7. Negotiation Process

  8. Negotiation Process • Development applications on hold • Entire Ranch on the table • Scientific input to identify and rank conservation values • Assessment and ranking of development values • Focus discussion on areas of overlap

  9. Goals: Tejon Ranch Partners • Ensure long-term shareholder value • Minimize obstacles to development activities • Maintain intact Ranch ownership • Maintain existing business operations • Use conserved lands for mitigation

  10. Goals: Resource Groups • Maximize permanent conservation of Ranch land • Ensure oversight of conserved lands by independent third parties • Provide public access to conserved lands • Maintain current levels of stewardship on conserved lands • Allow for restoration and enhancement activities on conserved lands • Allow for scientific research and educational programs on conserved lands

  11. Key Components • Permanent Conservation • Governance and Funding • Public Access • Ranch Management, Development

  12. Key Components • Permanent Conservation • 135,000 acres under conservation easements • 33,000 acres dedicated open space • 10,000 acres for Pacific Crest Trail • 62,000 acres to be acquired • Total: 240,000 acres

  13. Key Components • Governance and Funding • Established an independent conservancy • $800,000 per year for 7 to 14 years • Permanent funding source

  14. Key Components • Public Access • Pacific Crest Trail • Commitment to establish state park • Tejon Ranch Conservancy-managed public access program • UC Reserve

  15. Key Components • Ranch Management and Development • Ranch-Wide Management Plan • 30,000 acres potential development • Resource Groups’ non-opposition

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