Knowledge

Conaway Ranch

Source 📝

25: 152:, called PG&E Properties. When PG&E Properties went bankrupt, it was acquired by National Energy and Gas Transmission, NEGT. In 2004, the Yolo County Board of Supervisors announced plans to acquire Conaway Ranch from NEGT, which itself was now bankrupt. By order of the bankruptcy court, the property had to be sold in a closed-bid auction. By state law, Yolo County could not participate in that auction. The land was purchased in that auction for about $ 60 million by the 176:
development on the property, and made no requests to the county for any of the land to be rezoned. "The primary goal of the Conaway Preservation Group is to maintain private ownership while allowing for easements and other mechanisms to be placed on the ranch to protect the property's water resources, agricultural land, wildlife, and flood control benefits," asserted former president Steve Giardo.
196:— Conaway Conservancy Group, a joint venture between local landowners and PG&E Properties, Inc., buys the Ranch. The group, which includes Anthony Smernes and current owner Steve Gidaro, proposed a housing and commercial development on the property's northwest corner, next to the City of Woodland. The city government ultimately denied the plan, deciding to grow in a different direction 164:. The ranch holds valuable water rights, among other natural resources. The county claimed that it had an interest in the land not being developed. Yolo County officials were attempting to seize the land for what they described as the public purpose of maintaining the status quo. The county claimed that it proposed transferring long-term management authority for the ranch to a 244:— After NEGT's bid process closes, Conaway Preservation Group, LLC, awarded ownership of Conaway Ranch. Ownership includes Steve Gidaro, John Reynen and other prominent investors/developers in Sacramento. CPG conducts outreach to County supervisors to reach compromise that would keep property in private ownership but place greater public controls on land and water. 214:— PG&E drops development plans, places Conaway Ranch on the market for $ 68.5 million. Gidaro and Reynen consider re-purchasing the property. Local elected officials discuss forming a Joint Powers Authority to secure funding to purchase Conaway. PG&E Properties pulls property off the market. 179:
The county planned to borrow all of the money for the acquisition from the Rumsey tribe. A price had not yet been determined, nor was any rate of interest publicly disclosed. The county contended that it estimated the price (which would be set by a jury) at $ 60 million. In September 2006 the county
175:
The Conaway Preservation Group opposed the action, arguing that the county did not need to condemn the ranch to fully protect the ranch's resources, which were already protected through local zoning, existing state law and local ordinances. The Conaway Preservation Group claimed it had no plans for
380: 343: 226:— NEGT announces it will sell the property. Sets up closed bidding process to sell ranch. Steve and John request bid package and begin process of putting investment group together. Local elected officials form Joint Powers Authority in an attempt to secure financing to bid for the Ranch. 262:— Yolo County Superior Court Judge Timothy Fall rules that the county can use its power of eminent domain to take the ranch, despite CPG's argument that the county did not adequately specify what it intended to do with the property. 144:
contracts. All of the land is zoned for agriculture or agriculture preserve and is leased to more than 40 farmers and various waterfowl and hunting groups. Also, there are three different 500 acre (2 km) wetlands on the ranch.
159:
The Conaway Preservation Group is owned by a group of local businessmen, including Kyriakos Tsakopoulos who was named President & CEO of AKT Development Group. The land was the subject of an eminent domain action initiated by
202:— Conaway Conservancy Group sells $ 6.5 million worth of water to state Drought Water Bank. Yolo County Board of Supervisors, including current Supervisor Helen Thomson, vote to support water transfer on a 4–1 vote. 208:— PG&E buys interests of local landowners, including ownership share held by Steve Gidaro, John Reynen, and Anthony Smernes. Both Steve and John plan to re-purchase the property at some point in the future. 268:— A Yolo County Superior Court jury is scheduled to begin hearing evidence of how much the county will have to pay for the property. Estimates range from $ 50 million to more than $ 389 million. 256:— Yolo County officials announce ‘stringless deal’ agreement with Rumsey Band of Wintun Indians who agree to provide financing for condemnation action. 220:— Property is transferred from PG&E to National Energy and Gas Transmission (NEGT) as part of PG&E restructuring during bankruptcy proceedings. 232:— Yolo County supervisors decide to not participate in closed bidding process and, instead, start eminent domain proceedings to acquire property. 478: 280:— Developer Angelo K. Tsakopoulos assumes controlling interest in Conaway Ranch through a purchase under his Tri-City Water and Farm LLC 168:
or similar consortium of entities such as Yolo County, municipalities within the county, the Yolo County Flood Control District,
250:— CPG offers to conduct tours of property with County supervisors. Yolo County suspends public Joint Powers Authority meetings. 393: 322: 137: 356: 439: 169: 68: 46: 39: 149: 483: 274:— Yolo County and Conaway Preservation Group agree to a settlement and the eminent domain action is dropped. 140:, or the Green Zone between County Road 27 and County Road 29. Most of the ranch is currently protected by 101: 97: 109: 153: 105: 302: 33: 161: 85: 165: 50: 431: 410: 181: 125: 89: 238:— Yolo County supervisors vote 4–0 to adopt eminent domain resolution to acquire property. 8: 121: 93: 120:
Conaway Ranch is a 17,244-acre (70 km) property that sits to the east of both
364: 384: 360: 347: 141: 472: 454: 441: 184:
with the Conaway Preservation Group and abandoned the eminent domain action.
300: 133: 129: 301:
Board of Supervisors of the County of Yolo (September 7, 2006),
394:"AKT subsidiary buys controlling interest in Conaway Ranch" 381:"Conaway Ranch's sale is a surprise (free article preview)" 323:"AKT subsidiary buys controlling interest in Conaway Ranch" 277: 271: 265: 259: 253: 247: 241: 235: 229: 223: 217: 211: 205: 199: 193: 148:
Prior to 2001 the property was owned by a subsidiary of
88:. The vast property is located between the cities of 357:"Tribe to help acquire ranch (free article preview)" 172:, and possibly the Rumsey Band of Wintun Indians. 470: 296: 294: 408: 291: 132:. Two-thirds of the property sits in the 69:Learn how and when to remove this message 354: 32:This article includes a list of general 84:is a 17,300-acre (70 km) ranch in 471: 391: 320: 392:Turner, Melanie (December 29, 2010). 355:Vellinga, Mary Lynne (May 18, 2005). 321:Turner, Melanie (December 29, 2010). 479:Geography of Yolo County, California 344:"PR war for Conaway Ranch (reprint)" 18: 16:Ranch in Yolo County, California, US 13: 304:Conaway Ranch Settlement Agreement 38:it lacks sufficient corresponding 14: 495: 425: 409:Richardson, Len (November 2006). 310:, (07857.00200 / 00289251.DOC.25) 170:University of California at Davis 23: 432:Conaway Ranch official website 314: 136:(the 'causeway'), the sink of 1: 396:. Sacramento Business Journal 325:. Sacramento Business Journal 284: 115: 7: 187: 10: 500: 154:Conaway Preservation Group 411:"Conaway Ranch Preserved" 100:in a triangle formed by 86:Yolo County, California 53:more precise citations. 166:Joint Powers Authority 484:Ranches in California 455:38.6475°N 121.6665°W 387:. December 20, 2004. 182:settlement agreement 451: /  350:. October 16, 2005. 460:38.6475; -121.6665 367:on January 5, 2009 418:California Farmer 272:September 7, 2006 260:November 30, 2005 242:December 15, 2004 79: 78: 71: 491: 466: 465: 463: 462: 461: 456: 452: 449: 448: 447: 444: 421: 415: 405: 403: 401: 388: 376: 374: 372: 363:. Archived from 351: 335: 334: 332: 330: 318: 312: 311: 309: 298: 279: 273: 267: 261: 255: 249: 243: 237: 231: 225: 219: 213: 207: 201: 195: 74: 67: 63: 60: 54: 49:this article by 40:inline citations 27: 26: 19: 499: 498: 494: 493: 492: 490: 489: 488: 469: 468: 459: 457: 453: 450: 445: 442: 440: 438: 437: 428: 413: 399: 397: 379: 370: 368: 342: 339: 338: 328: 326: 319: 315: 307: 299: 292: 287: 190: 180:entered into a 118: 102:State Route 113 98:West Sacramento 75: 64: 58: 55: 45:Please help to 44: 28: 24: 17: 12: 11: 5: 497: 487: 486: 481: 435: 434: 427: 426:External links 424: 423: 422: 406: 389: 385:Sacramento Bee 377: 361:Sacramento Bee 352: 348:Sacramento Bee 337: 336: 313: 289: 288: 286: 283: 282: 281: 275: 269: 263: 257: 251: 245: 239: 233: 227: 221: 215: 209: 203: 197: 189: 186: 142:Williamson Act 117: 114: 77: 76: 59:September 2012 31: 29: 22: 15: 9: 6: 4: 3: 2: 496: 485: 482: 480: 477: 476: 474: 467: 464: 433: 430: 429: 419: 412: 407: 400:September 13, 395: 390: 386: 382: 378: 371:September 13, 366: 362: 358: 353: 349: 345: 341: 340: 329:September 13, 324: 317: 306: 305: 297: 295: 290: 278:December 2010 276: 270: 266:June 13, 2006 264: 258: 252: 248:February 2005 246: 240: 234: 228: 222: 216: 210: 206:December 1994 204: 198: 192: 191: 185: 183: 177: 173: 171: 167: 163: 157: 155: 151: 146: 143: 139: 135: 131: 127: 123: 113: 111: 110:Interstate 80 107: 103: 99: 95: 91: 87: 83: 82:Conaway Ranch 73: 70: 62: 52: 48: 42: 41: 35: 30: 21: 20: 436: 417: 398:. Retrieved 369:. Retrieved 365:the original 327:. Retrieved 316: 303: 236:July 8, 2004 178: 174: 158: 147: 128:and west of 119: 106:Interstate 5 81: 80: 65: 56: 37: 458: / 446:121°39′59″W 162:Yolo County 138:Cache Creek 134:Yolo Bypass 51:introducing 473:Categories 443:38°38′51″N 285:References 224:March 2004 130:Sacramento 116:Background 34:references 254:May 2005 230:May 2004 188:Timeline 150:PG&E 126:Woodland 90:Woodland 47:improve 108:, and 96:, and 36:, but 414:(PDF) 308:(PDF) 122:Davis 94:Davis 402:2012 373:2012 331:2012 218:2001 212:1996 200:1991 194:1990 124:and 475:: 416:. 383:. 359:. 346:. 293:^ 156:. 112:. 104:, 92:, 420:. 404:. 375:. 333:. 72:) 66:( 61:) 57:( 43:.

Index

references
inline citations
improve
introducing
Learn how and when to remove this message
Yolo County, California
Woodland
Davis
West Sacramento
State Route 113
Interstate 5
Interstate 80
Davis
Woodland
Sacramento
Yolo Bypass
Cache Creek
Williamson Act
PG&E
Conaway Preservation Group
Yolo County
Joint Powers Authority
University of California at Davis
settlement agreement


Conaway Ranch Settlement Agreement
"AKT subsidiary buys controlling interest in Conaway Ranch"
"PR war for Conaway Ranch (reprint)"
Sacramento Bee

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.