The so-called takings measure requires governments to paylandowners when regulations "take" some of a property's value byputting restrictions on the property's use. Foes of the measurecontend it will crush the state's vaunted land-use planning systembecause government officials could not afford to enforce theregulations.

Opponents raised more than $1.5 million to fight the measure,more than four times what Oregonians in Action reported spending topass it. For that reason and the fact that a number of newspapershave printed editorials against the measure, nobody expected themeasure to be very close – until last week. That's when a poll forThe Oregonian and KATU with a 4% margin of error showed 49 percentof voters supported the measure and 46 percent were against.

The news prompted the state's chief land-use planning watchdoggroup, 1000 Friends of Oregon, to stage eleventh-hour press events,including a band of farmers who drove their tractors the Capitol inSalem in opposition to the measure. Some farmers, planners andenvironmentalists see the measure as a veiled attempt to wipe outthe state's land use measure's and gobble up rural farm land forurban development. Regardless, the effort appears too little, toolate.

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
NOT FOR REPRINT

© 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.