renewed measure m - acquisition & restoration projects
The M2 Mitigation Program has $243.5 million (in 2005 dollars) to fund acquisition, restoration, and management. This funding will come in various fiscal years throughout the 30 year life of the measure.
The first round of acquisition funding was combined with the second round allowing for up to $42 million for acquisition and management. All Group 1 properties received appraisals, which helped guide decisions on the properties OCTA would begin negotiating for first.
In February/March 2010 and March 2011 the EOC, T2020, Finance Committee, and the full OCTA board approved the acquisition property rankings. At the moment, all real property discussions and negotiations are being held out of public view, in closed session, per the requirements of the Brown Act.
The following properties are ranked in Group 1 (most closely aligning with impacted habitats) and are currently under consideration for funding in this combined first/second tranche:
Aliso Canyon (Laguna Beach)
Ferber Ranch (Trabuco Canyon)* ACQUIRED 5/2011
Hayashi (Brea)* ACQUIRED 5/2011
Holtz Ranch (Silverado Canyon)*
Irvine Mesa (Silverado Canyon)*
MacPherson (Silverado Canyon)*
Mitchell (Trabuco Canyon)*
O'Neill Oaks (Trabuco Canyon)* ACQUIRED 5/2011
Saddle Creek South (Trabuco Canyon)* ACQUIRED 4/2011
Saddleback Meadows (Trabuco Canyon)*
Saddleback Valley Christian School (San Juan Capistrano)
Sky Ranch (Trabuco Canyon)*
Takahashi (Silverado Canyon)*
The Hafen Estates (Trabuco Canyon)* ACQUIRED 11/2011
The first round of restoration funding allowed for $5.5 million in restoration dollars.
In September 2010, the EOC, T2020 Committee, and full OCTA board voted to approve a suite of restoration projects throughout the county that met a variety of mitigation and watershed requirements. These projects include:
Big Bend (Laguna Beach)
City Parcel (San Juan Capistrano)*
Fairview Park (Costa Mesa)*
Irvine Ranch (Irvine)
UCI Reserve (Irvine)*
* indicates projects supported by the Coalition.
The second round of funding (approximately $5 million) will be available in early 2012. In February 2012, the EOC voted to approve the ranking of the newly proposed restoration projects. The projects under consideration, from both Round 1 (unfunded projects) and Round 2 (new projects), include:
Aliso Creek (Laguna Niguel)*
Laguna Heights HOA (San Juan Capistrano)*
Lower Silverado Canyon (Irvine)*
North Coal Canyon Parcel (Yorba Linda)*
Salt Creek Corridor Open Space (Laguna Niguel)
West Loma (Irvine)
Telegraph Canyon (Chino Hills State Park) (Yorba Linda)*