A Maricopa County Superior Court judge has removeddeveloper-supported Proposition 100 from the upcoming ballot afterruling that it violates the state ban on combining differentsubjects into a single proposal to amend the Arizona Constitution.Proposition 100 would have changed the way state trust land ismanaged, effectively making it easier for developers to dodeals.
"It's really a Christmas tree, a little ornament on there foreveryone," says Andy Gordon, an attorney for opponents of theproposition.
Governor Jane Hull--with the backing of the business,construction and real estate communities--had pushed Proposition100 through the Legislature. Leaders hoped that Proposition 100would take some of the steam out of the Citizens Growth ManagementInitiative, Proposition 202.
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
*May exclude premium content
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.
