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Planning Commission Recommends Approval for TMV

Bakersfield, Calif. (September 11, 2009) - The Kern County Planning Commission voted at last night’s hearing to 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 on Monday, October 5th at 9:00 a.m. The recommendation came following a public hearing where the project received support from a wide array of interests ranging from local residents and business owners to business and tourism representatives.

Roberta Marshall, General Manager and Vice President of Tejon Mountain Village issued this statement following the planning commission hearing.

“We’ve worked for a decade to make Tejon Mountain Village perhaps the greenest, most environmentally sustainable community ever proposed in Kern County. But the community’s significance runs deeper than that. New jobs, enhanced public services and the expansion of a tourism economy at the gateway to the County will make Tejon Mountain Village a true asset for the region.

“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.”

The Tejon Mountain Village team also presented the results of its ongoing community outreach, which has produced more than 1,100 responses. Seventy-three percent of the responses stated support and only four percent of all responses received indicated opposition.  The balance, 23 percent, expressed a neutral position.

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:

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 will now consider the proposal on Monday, October 5th at 9:00 a.m.
 

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.
 

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