Briefly
The state’s buyout effort of a San Francisco developer who had hoped
to build a luxury resort at Crystal Cove will resume today at a Coastal
Conservancy meeting.
The seven-member state environmental agency is set to consider
unhooking $2 million from its budget to end Michael Freed’s development
at a 9 a.m. meeting today.
The money would go toward buying back development rights from Freed,
who signed a contract with California State Parks in 1997 to build the
resort at Crystal Cove State Park.
Gov. Gray Davis, in a Feb. 16 statement, called on staff members in
his administration to find money for the buyout. California Resources
Secretary Mary Nichols, a Davis Cabinet member, sits on the conservancy.
The meeting will be held at the Laguna Beach City Council chambers,
505 Forest Ave., Laguna Beach.
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