Saturday, October 20, 2007

Next Hearing on Timberland Building Permits Tues. the 23rd

I guess I was right about the date after all.

The county supervisors will be discussing a new draft ordinance increasing county government control over the issuance of building permits on Timber Production Zone lands.

This is a continuation of events that were precipitated by Pacific Lumbers ridiculous reorganization proposal that includes selling 136 "kingdoms" (their word for 160 acre parcels) for $5 million each. This is about 8 times as much as the current price of land in Humboldt County. A reorganization under chapter 11 of the bankruptcy code is supposed to get the company out of bankruptcy. Charles Hurwitz's upper puppets at Pacific Lumber have proposed a fatally flawed plan that appears to be a planned failure to many Maxxam/PL critics.

As I mentioned in the last post, also on Tuesday is the hearing in Corpus Christi on whether or not PL's reorganization plan can continue as the exclusive plan.


At 10/23/2007 02:54:00 PM, Anonymous Bolithio said...

You going tonight? I cant make it - I would love to hear your comments if you attend.

At 10/28/2007 09:04:00 PM, Blogger John Doe #86 said...

I missed it too. So much going on these days. Not to get all cheesy but I appreciate your comments and look forward to reading them.

At 10/28/2007 09:05:00 PM, Blogger John Doe #86 said...

This comment has been removed by the author.

At 10/29/2007 08:44:00 AM, Anonymous Bolithio said...

Ahhh how sweet =)


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