It looks like some of the citizens of the new City of Damascus, Oregon are making moves to create their own Measure 37 for the area....which must be new zoning no later than Novemeber 2008.
I thought you would be interested in the news from Damascus....Citizen Initiative 06-03 will be on the March '08 ballot. In short it is a local version of Measure 37...which would apply to the Damascus /Boring concept Plan area, and require that the city compensate land owners for lost value due to the city's actions or new zoning. It would be retroactive to Jan. 1 2006.
There are a couple of other measures mentioned here. One would give voters the right to control tax hikes, and another would ban the city from condemning private land and reselling it to another private party without first offering it to the original owner.
I think we can expect much discussion on these proposed intitiatives.For questions or assistance with your real estate needs please call me at 503-663-6502.
Mary A. Tinkler - Real Estate Broker
Shattuck & Co. Real Estate, Inc.
http://marytinker.point2agent.com
Sunday, November 18, 2007
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