Last Updated:
May 28, 2010
Real Estate Movers
Water Rights Initiatives Filed
As reported a few weeks ago, following a wildly contentious battle that pitted rafting rights against property rights, HB 1188 - Clarify River Outfitter Navigation Right by Rep. Kathleen Curry (I-Gunnison) and Sen. Mary Hodge (D-Brighton) was changed to a study.
Under the amended version of the bill, the Colorado Water Congress is charged with studying the legal, economic, environmental, and law enforcement issues related to boating through private property ? their report will be due to the legislature on October, 31. Advocates on both sides of the issues have filed a combined 24 ballot initiatives a week ago to seek their preferred resolution at the ballot box. In order to appear on the ballot in November, proponents must submit 76,047 valid signatures to the Secretary of State by July 12. CAR was opposed to HB 1188 over concerns that the bill would infringe upon private property rights without just compensation.
"NOTHING GOLD CAN STAY"
...or so says Robert Frost's famous poem. But the whole market wonders if Goldman Sachs can "stay gold", following last week's shocker headline that the Securities and Exchange Commission is charging the financial giant with fraud.