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.