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PCA accepts Brookfield land dedication to offset Amoruso Ranch mitigation fees
Summary
The authority approved a dedication of roughly 235.7 acres from Brookfield to offset the land-acquisition portion of Amoruso Ranch mitigation fees; the land is valued at $13,500 per acre for total credits of $3,000,105, and contains about 11.287 acres of wetlands and vernal pools.
The Placer Conservation Authority voted March 12 to approve a land dedication agreement with Brookfield California Land Holdings LLC for the Amoruso Ranch project, accepting approximately 235.7 acres as land-in-lieu to offset the land-acquisition portion of mitigation fees.
Real Estate Services Manager Jeremy Sutter told the board the property would be valued at $13,500 per acre, producing land-credit value of $3,000,105. He said the…
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