Imagine you had a home somewhere in the middle of Longmont, and some mob decided to erect something similar to the Berlin Wall around the city blocking access to your property. If Ballot Question 300 passes you won’t have to imagine it if you are a mineral rights owner.
A more appropriate example would be a business owner at Twin Peaks Mall subject to a wall blocking access to the entire mall. Not only would you effectively be put out of business, but your employees would be out of a job and the city would be out the taxes and fees you pay to it.
The common denominator in both of these scenarios is that your property has effectively been taken from you without compensation, and it’s become essentially worthless, a total loss. For what? A poorly written social engineering experiment based on emotion, a questionable film, and propaganda?
Now the anti-fracking group’s leader Michael Bellmont says that if it gets too expensive we can have a special election later to repeal 300! Sounds like the unintended consequences of this poorly written and devised ballot issue is even being question by those who poorly wrote and devised it.
If 300 passes we can look forward to more costly lawsuits. The state has already proven they’ll sue over regulations, any logical person would conclude a total ban would get the same response. Who’s going to reimburse these mineral rights property owners? Did the anti-fracking and anti-property rights advocates think about that? Are we going to saddle every taxpayer in Longmont for their short sighted movement? How about we send the first bill to those who push this ban and those who signed the petition?
The oil and gas regulations passed by city council are enough, vote NO on 300.