National Cemetery Dedicated at Tejon Ranch
Thursday, October 01, 2009
FOR IMMEDIATE RELEASE
TEJON RANCH CONSERVATION AGREEMENT WINS GOVERNOR’S AWARD Historic conservation pact receives prestigious environmental honor
LOS ANGELES, Calif. (October 1, 2009) — Governor Arnold Schwarzenegger today announced that the Tejon Ranch Conservation and Land Use Agreement has won the Governor”s Environmental and Economic Leadership Award (GEELA) in recognition of the historic conservation pact signed by Tejon Ranch Company (NYSE: TRC) and America’s leading conservation and environmental organizations.
The Governor”s Award, California”s highest and most prestigious environmental honor, recognizes individuals, organizations and businesses that have demonstrated exceptional leadership for voluntary achievements in conserving California”s resources, protecting and enhancing the environment, and building public-private partnerships. Awards are given in ten categories. The landmark agreement is a winner in the Environmental and Economic Partnerships category.
Past winners of this prestigious award in that category include the Hearst Ranch Conservation Project and the Irvine Ranch Land Reserve Trust. Pardee Homes, one of Tejon Ranch’s partners in the development of the community of Centennial, won in 2005 in the category of Sustainable Practices for its “Living Smart” green building program.
The unprecedented conservation pact is the largest private conservation agreement in California history and will permanently preserve up to 240,000 acres – 90% of the historic Tejon Ranch. That’s nearly three times the size of the Hearst Ranch Conservation Project. The agreement protects and expands foraging habitat for the California condor, safeguards other threatened or endangered species such as the San Joaquin kit fox, the blunt-nosed leopard lizard and the Tehachapi slender salamander. It permanently protects an unbroken expanse of open space more than seven times the size of San Francisco, open space that’s home to native grasslands, oak woodlands, Joshua trees and conifer forests.
The agreement between Tejon Ranch Company and Audubon California, Endangered Habitats League, Natural Resources Defense Council, Planning and Conservation League, and the Sierra Club, also created the Tejon Ranch Conservancy, an independent non-profit organization that recently concluded its first year overseeing continued stewardship of the conserved lands.
The award specifically recognizes Robert A. Stine, President and CEO of Tejon Ranch Company, and Eneas Kane, President and CEO of DMB Associates, Tejon Ranch’s partner in its Tejon Mountain Village development, for their leadership in negotiating the Agreement.
“This historic agreement to protect a California treasure illustrates something that I have stressed since taking office — we can protect California’s environment at the same time we pump up our economy,” Governor Arnold Schwarzenegger said.
“The Tejon Ranch Conservation and Land Use Agreement is consistent with our vision to preserve California’s legacy and provide for California’s future, as the Agreement does both” said Robert A. Stine, Tejon Ranch Company’s President and CEO. “This agreement is good for conservation, good for our company and good for California.”
“Our company has deep history and experience in forging accords and settlements that work toward long-term solutions with the environmental and conservation communities,” said Eneas Kane, President and CEO of DMB Associates, “and we are humbled to have been a part of one of the great conservation achievements in California history.”
Tejon Ranch is currently engaged in the development of the communities of Tejon Mountain Village and Centennial. Tejon Mountain Village, a mountain resort development in the Tehachapi Mountains is one of the greenest, most ecologically sensitive communities of its type ever proposed in California. Centennial, a master planned new town in northwest Los Angeles County, likewise places a strong emphasis on sustainability and environmental sensitivity, evidenced by the fact that Centennial will be the first major development in Los Angeles County to comply with both the state’s greenhouse gas reduction goals and the county’s green building ordinance. In addition to the aforementioned Pardee Homes, Tejon Ranch Company’s partners in the development of Centennial include Lewis Investment Company and Standard Pacific Homes.
About the Governor’s Environmental and Economic Leadership Award
The Governor’s Environmental and Economic Leadership Awards program was established in 1993. The award program is administered by the California Environmental Protection Agency and the Resources Agency in collaboration with the State and Consumer Services Agency, the California Department of Food and Agriculture, and the Business, Transportation and Housing Agency.
About Tejon Ranch
Tejon Ranch Company is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at www.tejonranch.com.
About DMB Associates
DMB Associates is Tejon Ranch’s partner in Tejon Mountain Village. DMB is one of the most respected real estate companies in the West, known for creating innovative communities that thoughtfully and responsibly address the environment. DMB”s business practices are predicated on creating truly great places and on forging lasting, mutually beneficial partnerships with stakeholders, municipalities, landowners and communities. In California, in addition to Tejon Mountain Village, DMB is partnering with Cargill in the proposed Saltworks development in Redwood City. Additional DMB communities in California include Martis Camp and Lahonton in the Lake Tahoe area, Santa Luz in Rancho Santa Fe, and Ladera Ranch and Rancho Mission Viejo in southern Orange County. More information about DMB Associates can be found online at www.dmbinc.com. ####
Tejon Ranch Contact: Barry Zoeller, Vice President Director of Corporate Communications (661) 663-4212 bzoeller@tejonranch.com
DMB Contact: Lauren Charpio Vice President, Communications (480) 367-7617 lcharpio@dmbinc.com
Kern County Board of Supervisors Unanimously Approve Tejon Mountain Village
Monday, October 05, 2009
FOR IMMEDIATE RELEASE
Kern County Board of Supervisors Unanimously Approve Tejon Mountain Village
Bakersfield, Calif. (October 5, 2009) – The Kern County Board of Supervisors has unanimously voted to approve development of Tejon Mountain Village, a remarkable mountain resort community planned for the westernmost high country of Tejon Ranch. The new community is being developed by Tejon Mountain Village LLC, a joint venture of Tejon Ranch Company (NYSE: TRC) and DMB Associates.
“We are pleased the Kern County Board of Supervisors has decided to support Tejon Mountain Village and the new jobs, enhanced public services and expanded tourism economy it will bring,” said Robert A. Stine, President and CEO of Tejon Ranch Company.
Tejon Mountain Village is located approximately 40 miles south of Bakersfield and 60 miles north of Los Angeles.
“A high-quality mountain resort community located just a short drive from both Bakersfield and the large and affluent Los Angeles market will be a natural draw for people who want to live in a beautiful natural setting, or for those who will use the community”s exceptional resort facilities for a relaxing respite from the hustle and bustle of urban life,” Stine added.
The Supervisors were effusive in their praise for the community, noting its environmental sensitivity, the care and planning that went into its design, and the role Tejon Mountain Village will play as a prestigious new gateway to Kern County.
“Tejon Mountain Village reflects the highest standards and should serve as a model for the rest of the state when it comes to development,” said Supervisor Michael Rubio.
Community Details Tejon Mountain Village is planned on 26,417 acres in the Tehachapi Mountains. The plan will preserve 80 percent of the land as open space; an area roughly one-third the size of Bakersfield. The developed portion of the community will consist of:
• Resort and recreational facilities, including up to 750 hotel rooms, golf and equestrian opportunities and about 75 miles of hiking, biking and equestrian trails;
• Up to 3,450 new homes (ranging from resort condominiums to multi-acre custom lots); and
• 160,000 square feet of publicly accessible commercial space.
The community is expected to generate an estimated 3,100 new jobs, including 1,600 construction jobs during the expected 15- to 20-year build-out process and 1,500 permanent positions. The community will also provide funding for public services such as fire stations and equipment, Sheriff facilities, libraries and schools as well as provide improvements to local interchanges along Interstate 5.
The homes in Tejon Mountain Village will also help fund the Tejon Ranch Conservancy, an independent body established to guide the stewardship of up to 90 percent of the Ranch (240,000 acres) that will be conserved as open space.
Next Steps With today’s approval by the Board of Supervisors, Tejon Mountain Village will begin the process of obtaining a number of discretionary permits and approvals from regional, state and federal agencies, and will begin the detailed engineering work necessary for construction to begin.
About Tejon Mountain Village
As a part of the Tejon Ranch Vision of conservation, continued ranching, and limited development, Tejon Ranch and DMB Associates are carefully planning the development of Tejon Mountain Village. With approximately 80 percent of its land preserved as natural open space, Tejon Mountain Village will be a remarkable, environmentally sensitive mountain resort community. www.TejonMountainVillage.com.
About DMB Associates
DMB Associates is Tejon Ranch’s partner in Tejon Mountain Village. DMB is one of the most respected real estate companies in the West, known for creating sustainable communities that thoughtfully and responsibly address the environment. DMB”s business practices are predicated on creating truly great places and on forging lasting, mutually beneficial partnerships with stakeholders, municipalities, landowners and communities. More information about DMB Associates can be found online at www.dmbinc.com.
About Tejon Ranch
Tejon Ranch Co. is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at www.tejonranch.com. # # #
Contact: Barry Zoeller, Vice President Director of Corporate Communications Tejon Ranch Company (661) 663-4212 bzoeller@tejonranch.com
Friday, September 11, 2009
FOR IMMEDIATE RELEASE
Kern County Planning Commission Votes to Recommend Approval for Tejon Mountain Village
Bakersfield, Calif. (September 11, 2009) – The Kern County Planning Commission will recommend to the Board of Supervisors that Tejon Mountain Village, a proposed mountain resort community on Tejon Ranch, be approved when it comes before the Board in the coming weeks. The recommendation comes as a result of a 3-2 vote by the Commission at last night’s public meeting. The new community is being proposed by Tejon Mountain Village LLC, a partnership between Tejon Ranch Company (NYSE: TRC) and DMB Associates.
“Tejon Mountain Village will bring new jobs, enhanced public services and expansion of a tourism economy, while creating a beautiful new gateway to Kern County,” said Robert A. Stine, President and CEO of Tejon Ranch Company. “We believe the Planning Commission recognized these benefits with its vote last night and we appreciate their thoughtful deliberation. Our focus now turns to presenting our plans to the Kern County Board of Supervisors in the coming weeks.”
Tejon Mountain Village is located approximately 40 miles south of Bakersfield and 60 miles north of Los Angeles.
“We believe that a high-quality mountain resort community located in close proximity to such a large population base will be a natural draw for those who are looking for a relaxing getaway in a beautiful natural setting,” Stine added.
A large number of people at the hearing spoke in support of the proposed mountain resort community. The public hearing was held at the Kern County Administrative Center in Bakersfield.
Community Details
Tejon Mountain Village is planned on 26,417 acres 40 miles south of Bakersfield in the Tehachapi Mountains. The plan proposes to preserve 80 percent of the land as open space; an area roughly one-third the size of Bakersfield. The developed portion of the community is proposed with: • Up to 3,450 new homes (ranging from resort condominiums to multi-acre custom lots) • 160,000 square feet of publicly accessible commercial space and new tourist and resort facilities • Recreational amenities, including golf and equestrian opportunities and about 75 miles of hiking, biking and equestrian trails
The community is expected to generate an estimated 3,100 new jobs, including 1,600 construction jobs during the expected 15- to 20-year build-out process and 1,500 permanent positions. The community will also provide funding for public services such as fire stations and equipment, Sheriff facilities, libraries and schools as well as provide improvements to local interchanges with Interstate 5.
The homes in Tejon Mountain Village will also help fund the Tejon Ranch Conservancy, an independent body established to guide the stewardship of up to 90 percent of the Ranch (240,000 acres) that will be conserved as open space.
Continued Public Process
Thursday’s Planning Commission hearing follows the May 27th release of the County’s Draft Environmental Impact Report for Tejon Mountain Village for public review. The Kern County Board of Supervisors is expected to consider the proposal in the coming weeks following the Planning Commission’s recommendation.
About Tejon Mountain Village
As a part of the Tejon Ranch Vision of conservation, continued ranching, and limited development, Tejon Ranch and DMB Associates are carefully planning the development of Tejon Mountain Village. With approximately 80 percent of its land preserved as natural open space, Tejon Mountain Village will be a remarkable, environmentally sensitive mountain resort community. www.TejonMountainVillage.com.
About DMB Associates
DMB Associates is Tejon Ranch’s partner in Tejon Mountain Village. DMB is one of the most respected real estate companies in the West, known for creating sustainable communities that thoughtfully and responsibly address the environment. DMB”s business practices are predicated on creating truly great places and on forging lasting, mutually beneficial partnerships with stakeholders, municipalities, landowners and communities. More information about DMB Associates can be found online at www.dmbinc.com.
About Tejon Ranch
Tejon Ranch Co. is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at www.tejonranch.com.
Tuesday, September 08, 2009
FOR IMMEDIATE RELEASE
Tejon Mountain Village to be Considered by the Kern County Planning Commission on September 10th
Lebec, Calif. (September 2009) – Plans and environmental studies for Tejon Mountain Village, a proposed mountain resort community on Tejon Ranch, will be considered by the Kern County Planning Commission on Thursday, September 10th at 7 p.m. The public hearing is the most significant milestone for the proposed community since its initial planning and scientific studies began more than a decade ago.
“We’ve spent years planning Tejon Mountain Village to be a remarkable mountain resort community – a place that compliments the existing Mountain Communities and offers people a chance to experience one of California’s most spectacular landscapes,” said Roberta Marshall, General Manager and Vice President of Tejon Mountain Village. “This is an exciting and important next step in the process and we look forward to presenting our plans to the Planning Commissioners.”
The public meeting will be held in the chambers of the Board of Supervisors located at:
Kern County Administrative Center 1115 Truxtun Avenue, Bakersfield, CA
Community Details
Tejon Mountain Village is planned on 26,417 acres 40 miles south of Bakersfield in the Tehachapi Mountains. The plan proposes to preserve 80 percent of the land as open space; an area roughly one-third the size of Bakersfield. The developed portion of the community is proposed with: • Up to 3,450 new homes (ranging from resort condominiums to multi-acre custom lots) • 160,000 square feet of publicly accessible commercial space and new tourist and resort facilities • Recreational amenities, including golf and equestrian opportunities and about 75 miles of hiking, biking and equestrian trails
The community is expected to generate an estimated 3,100 new jobs, including 1,600 construction jobs during the expected 15- to 20-year build-out process and 1,500 permanent positions. The community will also provide funding for public services such as fire stations and equipment, Sheriff facilities, libraries and schools as well as provide improvements to local interchanges with Interstate 5.
Continued Public Process
Thursday’s Planning Commission hearing follows the May 27th release of the County’s Draft Environmental Impact Report for Tejon Mountain Village for public review. The Kern County Board of Supervisors is expected to consider the proposal following the Planning Commission’s recommendation.
About Tejon Mountain Village
As a part of the Tejon Ranch Vision of conservation, continued ranching, and limited development, Tejon Ranch and DMB Associates are carefully planning the development of Tejon Mountain Village. With approximately 80 percent of its land preserved as natural open space, Tejon Mountain Village will be a remarkable, environmentally sensitive mountain resort community. www.TejonMountainVillage.com.
About DMB Associates
DMB Associates is Tejon Ranch’s partner in Tejon Mountain Village. DMB is one of the most respected real estate companies in the West, known for creating sustainable communities that thoughtfully and responsibly address the environment. DMB”s business practices are predicated on creating truly great places and on forging lasting, mutually beneficial partnerships with stakeholders, municipalities, landowners and communities. More information about DMB Associates can be found online at www.dmbinc.com.
About Tejon Ranch
Tejon Ranch Co. is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at www.tejonranch.com. # # #
Monday, August 03, 2009
FOR IMMEDIATE RELEASE
TEJON RANCH COMPANY TO ASK COURT TO RELEASE PROTECTIVE ORDER Order protected confidentiality of settlement negotiations over litigation related to the California condor
TEJON RANCH, California (August 3, 2009) Tejon Ranch Company is asking the U.S. Fish and Wildlife Service (FWS) and the Department of Justice to support its efforts to have a U.S. District Court vacate a Protective Order issued to maintain the confidential nature of settlement negotiations between the Tejon Ranch and the FWS over a federal lawsuit filed by the Ranch in 1997.
“The pending settlement of our lawsuit has produced an outstanding result – a proposed Multi-Species Habitat Conservation Plan that protects the California condor and 26 other animal and plant species,” said Robert A. Stine, President and CEO of Tejon Ranch Company. “As the MSHCP process is nearing its completion, we believe the Protective Order is no longer necessary, and having received a request from three of the environmental resource organizations that are part of the Tejon Ranch Conservation and Land Use Agreement, we have instructed our attorneys to seek the support of the FWS and the Justice Department in asking the court to remove the Order.”
The Tejon Ranch Conservation and Land Use Agreement was ratified last year by Tejon Ranch Company, Audubon California, Endangered Habitats League, Natural Resources Defense Council, Planning and Conservation League, and the Sierra Club, and will result in the permanent conservation of up to 90% of the 270,000-acre Ranch. Three of those organizations, Natural Resources Defense Council, Sierra Club and Audubon California, recently contacted Tejon Ranch to express concern that the Protective Order could create the appearance of nondisclosure, something contrary to the very comprehensive science-based negotiations that led to the historic agreement.
“The MSHCP is based on the best science available to protect the condor and other species, and its evaluation is a very open, transparent and public process – as it should be,” said Stine. “If the Protective Order gives the appearance otherwise, it should be lifted and that’s exactly what we’re asking of the court.”
Background regarding litigation
In 1997, Tejon Ranch filed suit against the FWS, with the Ranch seeking a “10(j) Rule” for California condors expected to be released in Southern California. Such a rule has been successfully applied by FWS in Arizona, where the California condor population has now grown exponentially. A “10(j) Rule” includes both restrictions designed to protect the California condor as well as protections for landowners who comply with such restrictions. At that time, a “10(j) Rule” was considered by some to be a more efficient means of effectively regulating captive-bred and captive-reared species that are protected under the federal Endangered Species Act (ESA).
Before and after filing the lawsuit, Tejon Ranch also worked with FWS in an attempt to reach a mutually agreeable solution. With the assistance of the court, in 1999, the parties reached a conditional settlement agreement under which Tejon Ranch agreed to work with FWS, with court oversight, to complete a Habitat Conservation Plan (HCP) and Incidental Take Permit in lieu of a “10(j) Rule.”
As a result of the settlement, for the past ten years Tejon Ranch has been working with FWS toward completion of an HCP. As is common in litigation, settlement discussions between the parties – in this case Tejon Ranch and FWS – were confidential. A Protective Order, mutually agreed to by Tejon Ranch and the FWS, that established the scope of this confidentiality arrangement for settlement discussions, was issued by the court in 2002.
The HCP, which initially just covered the California condor, later evolved into a Multiple-Species Conservation Plan (MSHCP) that includes 27 species, most of which are not listed or protected by the federal Endangered Species Act. The Draft MSHCP and Draft Environmental Impact Report (DEIS) were released on January 23, 2009, and were subject to a 120-day public comment period that ended in July. The MSHCP/DEIS review process will conclude in the second quarter of 2010, as was recently confirmed in the regular quarterly report filed with the court.
CONTACT: Barry Zoeller VP Corporate Communications Tejon Ranch Company (661) 663-4212 bzoeller@tejonranch.com
Tejon Ranch Celebrates Landmark Anniversary
Friday, May 29, 2009
FOR IMMEDIATE RELEASE
CONTACTS: TMV LLC Laer Pearce, Laer Pearce & Associates (PR) (949) 599-1212
Tejon Ranch Company Barry Zoeller, V.P., Director of Corporate Communications (661) 663-4212
DMB Associates Lauren Charpio, Director, Corporate Communications (480) 367-7617
Tejon Mountain Village Enters New Phase of Public Process; Will Bring Environmental, Economic, Civic Benefits to Kern County
• Draft Environmental Impact Report issued by Kern County • Conservation and sustainability central to TMV plan • Project expected to create jobs and stimulate local economy
Lebec, Calif. (May 27th, 2009) – The proposed Tejon Mountain Village (TMV) resort community reached an important milestone Wednesday with Kern County’s release of a Draft Environmental Impact Report (DEIR). The DEIR was prepared by the County to study the environmental impacts of the proposed TMV community in compliance with the California Environmental Quality Act. TMV is located 40 miles south of Bakersfield, east of the I-5 and the community of Lebec.
The proposed plan would preserve 80% of TMV’s 26,417 acres – a total of 21,335 acres of permanently protected open space – while creating a sensitively planned mountain resort community on the remaining 20%. The proposal, first introduced to the community four years ago after years of initial planning, is part of the Tejon Ranch Company’s long-term vision of conservation, continued ranching and farming, and limited development.
“Today marks a significant milestone. We’ve studied these lands thoroughly for nearly a decade and have worked closely with the County, stakeholders and our neighbors to refine and improve the plan,” said Roberta Marshall, vice president and general manager of TMV. “Now the public has an opportunity to review our plan and the County’s environmental report and see for themselves the great level of care that has been taken to ensure that TMV is sensitively planned to be a good neighbor within the Mountain Communities and make a positive contribution to Kern County’s economy.”
Community Vision TMV will provide a unique experience set within Tejon Ranch, one of California’s historic ranchos. A collection of 3,450 homes, ranging from clustered resort residential homes to large, low density home sites, will offer future residents an exceptional mountain ranch lifestyle. Resorts as well as community amenities, including two golf courses, and approximately 75 miles of trails and equestrian facilities, will make TMV a remarkable place to live and visit. A commercial center in the community’s Village Mixed Use area along Interstate 5 will also provide new shopping, dining and business opportunities for local residents.
Economic & Civic Benefits It’s expected that the community will create approximately 1,500 permanent jobs, 1,600 construction jobs and contribute millions of dollars in annual tax revenue to Kern County. Additionally, TMV will expand and enhance local public services, including:
• New and expanded Fire Department facilities and equipment including three station sites; • Funding for the expansion or construction of new Sheriff station facilities in the Mountain Communities; • Funding for a new Deputy Sheriff for the Lebec area and onsite office space at the onset of construction; • Funding for library books and materials; and • Funding for school classrooms and renovations.
TMV’s planned world-class resort, golf courses and other recreational opportunities will also offer other benefits to the local economy and to Kern County. “We believe that TMV will be a catalyst that will bring more tourism and commerce to the Mountain Communities,” said Marshall. “And, TMV will create a gateway to Kern County, helping to further establish Kern County as an exciting place to visit with an extraordinary quality of life.”
Environmentally & Ecologically Sound The TMV plan was designed to avoid and protect important natural resources as its primary means of achieving its conservation goals. As such, the plan preserves 80%, or 21,335 acres, as permanently protected open space. The TMV plan also relies on a series of science-based conservation and sustainability strategies to ensure the community is designed in the most environmentally responsible manner possible.
• Resource Management Plan – Ensures that biological, hydrological, cultural and other resources are managed in the most environmentally sensitive manner possible; provides residents and guests educational opportunities that encourage the ongoing stewardship of the land; • Sustainability Plan – Sets a maximum water use limit on homes and businesses; defines an energy-efficient building program requiring TMV’s homes and businesses to exceed current Title 24 (2005) standards by at least 25%; and calls for the establishment of a community fund to benefit local non-profits and charities; • Fire Protection Plan – Requires fire sprinklers in all structures; prescribes customized fuel modification zones for each area of the community along with measures to ensure compliance; and prohibits the use of highly flammable plants; • Design Guidelines – Includes measures to enhance the aesthetics of the community, minimize grading, and limit outdoor lighting to protect dark skies.
In addition, TMV already entered into and has begun implementing a Voluntary Emissions Reduction Agreement (VERA) with the San Joaquin Valley Air Pollution Control District. This voluntary agreement requires that TMV become emissions-neutral by fully offsetting criteria pollutants identified by the air district (NOX, ROG and PM10).
TMV also protects local groundwater sources by introducing three new sources of water to serve the community. Drinking water supplies will be provided by the California Aqueduct (State Water Project) and water banks in Kern County. When available, recycled water from a proposed on-site treatment facility will be used to irrigate TMV’s golf courses. Local groundwater is not proposed as a source for TMV.
Large-scale Conservation TMV’s 21,335 acres of open space are included in an agreement between Tejon Ranch Company and the nation’s leading environmental organizations to preserve up to 240,000 acres of Tejon Ranch. TMV residents will provide funding to the Tejon Ranch Conservancy from the sale of each home that will be used to further conservation efforts and provide controlled public access to this vast open space. TMV is also part of and is consistent with Tejon Ranch Company’s proposed 142,000 acre Tehachapi Uplands Multi-Species Habitat Conservation Plan which, upon approval, would provide protections for 27 species, including the California condor.
Public Review Process The County’s DEIR studies a comprehensive list of environmental issues. The documents are available for a public comment period and can be reviewed at the County’s website at: www.co.kern.ca.us/planning/.
It is expected that TMV will be considered by the Kern County Planning Commission for recommendation to the Board of Supervisors for a final decision later this year.
About Tejon Mountain Village As a part of the Tejon Ranch Vision of conservation, continued ranching, and limited development, Tejon Ranch and DMB Associates are carefully planning the development of Tejon Mountain Village. With approximately 80 percent of its land preserved as natural open space, Tejon Mountain Village will be a remarkable, environmentally sensitive mountain resort community.
About DMB Associates DMB Associates, based in Scottsdale, Arizona, is a nationally acclaimed real estate company known for creating sustainable communities that thoughtfully and responsibly address the environment. DMB”s business practices are predicated on creating truly great places and on creating lasting, mutually beneficial partnerships with stakeholders, municipalities, landowners and communities.
About Tejon Ranch Tejon Ranch Co. is listed on the New York Stock Exchange under the symbol TRC. Tejon Ranch is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at http://www.tejonranch.com. # # #
