Property Value Compensation Measure Shot Down In Alaska

An Alaska property rights measure that would have required the government to compensate landowners for any public projects that reduce property values was defeated by more than a 2-to-1 margin.

"Tuesday's Mat-Su Borough election resulted in a sound defeat for Prop. 1, a controversial land-use measure that sparked vocal and heated debate in the weeks leading up to Election Day. Mat-Su Taxpayers Against Prop. 1 called the results a victory for public planning as Borough voters turned down the Private Property Protection Act by a margin of 4,585 votes. Of the 10,846 who cast ballots Tuesday, 7,658 - 70.6 percent - were against Prop. 1. Overall, 3,073 were in favor of the measure."

"Titled the Private Property Protection Act, Prop.1 was sponsored by locals Penny Nixon and Dennis Oakland of the Mat-Su Taxpayers Association. Prop. 1 was written as an effort to halt the Mat-Su Borough passing "extreme" land use regulations by making the Borough pay landowners for any reduction in property valuation resulting from its actions, Oakland said."

Thanks to Jon Cecil

Full Story: Borough Prop. 1 buried by landslide of ‘no’ votes

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
poster

A Short History of America

From comic book artist Robert Crumb, poster shows how the built environment has changed throughout the decades.
$14.95
Book cover of Contemporary Debates in Urban Planning

Contemporary Debates in Urban Planning

Featuring thought-provoking commentary and insights from some of the leading thinkers and practitioners in the field.
$18.95