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Environmental

Nov. 25, 2010

State Pays $15.8 Million to Tejon Ranch

The state, as part of an unusual deal, agreed to pay $15.8 million to block future development across 62,000 acres of California's largest contiguous swath of private land.


By Jason W. Armstrong


Daily Journal Staff Writer


The state, as part of an unusual deal, agreed to pay $15.8 million to limit future development across 62,000 acres of Tejon Ranch, California's largest contiguous swath of private land.


The state Wildlife Conservation Board is granting the funds to a special conservancy to purchase five easements on the property, setting in motion the first step of a landmark 2008 pact to preserve sensitive...

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