By Lloyd Dixon
The Western Riverside County a number of Species Habitat Conservation Plan mitigates improvement results on 146 plant and animal species via setting up a 500,000-acre conservation reserve. This monograph examines land-acquisition thoughts and prices, profit adequacy and capability new investment assets, the plan's habitat-conservation ambitions, and even if the plan has streamlined transportation and improvement allowing procedures.
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Additional info for Balancing Environment and Development Amid Rapid Urban Growth: Costs, Revenues, and Benefits of the Western ...
We move on to discuss 21 22 Balancing Environment and Development the criteria according to which each scenario is evaluated, including the estimated market value and performance against the conservation guidelines outlined in the MSHCP agreement. The section concludes with a brief overview of the computational methods employed in the analysis. Broad Guidelines for Reserve Assembly The MSHCP agreement speciﬁes several important guidelines related to reserve size and conﬁguration. Here, we discuss the most salient concerns with respect to assembling the reserve.
We have also calculated conﬁdence intervals for the value of parcels in the diﬀerent landuse categories. A close examination of the numbers indicates that spread of the conﬁdence interval is smaller for some land uses and larger for others. For example, the bounds are quite tight for SFH, while the percentage spread for agricultural parcel values is much greater. Generally speaking, the land-use categories with more transaction records have tighter conﬁdence intervals (in the case of SFH, we were also able to employ helpful explanatory variables, such as number of bedrooms), while land-use categories with fewer transaction records have looser conﬁdence intervals.
The MSHCP is an ambitious eﬀort, mitigating development impact on 146 plant and animal species. While it is a potential model for other areas in the county, questions remain about the costs of assembling such a reserve, the adequacy of revenue sources, and how it will aﬀect the length and cost of the approval processes for trans- 1 2 Balancing Environment and Development portation and development projects. This monograph examines a series of issues that address these questions. The Multiple Species Habitat Conservation Plan The plan area for the MSHCP encompasses the unincorporated lands in Riverside County west of the crest of the San Jacinto Mountains as well as the cities of Banning, Beaumont, Calimesa, Corona, Hemet, Lake Elsinore, Moreno Valley, Murrieta, Norco, Perris, Riverside, San Jacinto, and Temecula.