I am contacting those whose emails I have, and/or who have expressed helpful intentions regarding our cause, with concerns raised by some of the 245 members of the group savefranklincanyon.com.
The questions that consistently arise from those newly discovering Hadid's development are, "Why did the Conservancy let this happen, and why was the trail not marked as 'Private Property?'
Furthermore, a few have mentioned that they have spoken with Hadid, who said that the Conservancy had ample opportunity to purchase the land very inexpensively.
Disgruntled folks say stuff like, "All they care about is getting us for going thru stop signs."
I understand that there are probably valid reasons for the Conservancy having not purchased the land but I am with these folks in feeling not represented by the Conservancy - Was there no realization that if "Canyon Frequenters" knew that there was land that could be purchased for the Conservancy there would have been monetary support? Where was an attempt to notify us - the ones who are impacted?
We have a meeting coming up this Thursday at 7:30 in Beverly Hills and we also have been given a place for a future meeting at Franklin Canyon - some room that will hold 150 people. Is there someone representing the Conservancy who can speak to us on these issues. When is a good time?"
RESPONSE from Paul Edelman 3/8/11 (same day)
Hello Ellen et all - Here is the scoop. When the MRCA’s Santa Monica Mountains Open Space Preservation Assessment District No. 1 was funded in 2003 money became available to acquire the subject property. A first appraisal was done in approximately 2005 covering a minimum of five ownerships along the ridgeline. We were negotiating with virtually every landowner and had a couple of them almost on the hook. They were all shocked that their property had just nominal value because of poor and steep access. In any case, all of the acquisitions fizzled because of reasons like death, uncooperative partners, unreachable owners, Mr. Hadid, etc… Some of the owners needed cooperation with others to string together access to Coldwater Canyon. Acquisition money was not an issue. Then Mr. Hadid stepped in at some point and acquired the whole show. He initially said he would not sell for a factor much higher than even the available $3.5 million. Every 9 months or so his agent would check in to see if we do a deal for more. Ever vigilant to protect this land, the MRCA contacted Mr. Hadid to see if he would hold off on a sale or development while the MRCA did yet another appraisal. That appraisal is dated April 2008. The value did not interest Mr. Hadid. Staff checked with his agent at least two times since then to see if Mr. Hadid had a change of heart to sell at the MRCA’s appraised value. The answer was no. Staff recently heard through sources that Mr. Hadid had a $10,000,000 offer on the table from a developer wanting to do at least eight estates. To the best of our knowledge that transaction fizzled but the records do show that the property was recently transferred to another entity. In short, the MRCA cannot pay more than appraised value, and the gap between the owner’s expectations and appraised fair market value has been too great for over five years.
I have spoken briefly with Mr. Hadid once since the trail closure and have had some limited email correspondence with him. We have put forward to him the idea of buying a trail easement with the same funding source. That idea is under his consideration. The MRCA in its management of Conservancy and MRCA properties does sign the entrance of parks but does not sign private property where it touches parkland. Generally when the MRCA attempts to raise private funds for underfunded acquisitions, private contributions sometimes come in $10,000 increments, a few more $1,000 checks but mostly $100 checks. Generally the MRCA only asks for such donations when a property is under contract with a funding deadline or if private funding is needed to pay more than the appraised value. In all cases the staff time necessary to set up, solicit, prod and manage those donations is high to say the least and unfunded. However, we hope the MRCA and Conservancy have greatly underestimated the subject community and it can raise the seven figure plus amount of money to add to the MRCA’s approximately $1.8 million of Assessment District money to lure Mr. Hadid (or the new owner) into a land sale of all or a portion of his multiple lots. Our attorneys would have to bless a deal where the MRCA optioned a property for more than the appraised value. At this point, that appears to be the only surefire solution to very quickly solve this combined trail closure and multi-resident ridgeline grading threat. Hopefully that helps round out the picture. As the staffer in charge of making this deal since 2004, I can assure you I have walked around with a small hole in my heart for half a decade hoping for a positive outcome. Now it looks like something must shake out in the near future, and we will work with your coalition to make the outcome as positive as possible.