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The city of Half Moon Bay.(in brief)(settlement agreement with developer Charles Keenan)(Brief article)
- Article from:
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California Planning & Development Report
- Article date:
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May 1, 2008
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Copyright informationCOPYRIGHT 2008 California Planning & Development Report. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The City of Half Moon Bay has reached a settlement agreement with a developer who won a takings lawsuit against the city. Last December, U.S. District Court Judge Vaughn Walker awarded developer Charles Keenan $36.8 million in damages, plus interest and attorney's fees, because an incomplete city drainage project had transformed an approved 24-acre housing project site into an unbuildable wetland (see CP&DR In Brief, January 2008).
In April, Keenan and the Half Moon Bay City Council signed an agreement permitting Keenan to build 129 houses on the 24 acres and an adjacent 12 acres in exchange for an end to the litigation. However, the settlement requires passage of state ...