Jun 18, 2014 2:43 AM by Victoria Johnson, KSBY News
The Land Conservancy of San Luis Obispo County got a huge boost tonight from the City of Pismo Beach.
Now the group is one step closer to being able to purchase the 900 acre private ranch above Pismo Beach.
In a unanimous vote on Tuesday night, the Pismo Beach City Council decided to allocate $900,000 to The Land Conservancy of San Luis Obispo County to go toward the $12 million needed to purchase the Pismo Preserve. The conservancy is planning to purchase the preserve and turn it into a public use area for hiking, biking and horseback riding.
It was standing room only at the Pismo Beach City Council meeting. Supporters of the Land Conservancy expressed their concern and asked for help from the city to buy the scenic open space for the Pismo Preserve. It's a place conservancy supporters say will benefit the community.
The majority of people at the meeting were in support of funding the conservancy. A slim minority voiced their concern for that money not going toward other city projects.
The looming deadline to buy the land swayed the council's decision. The money raised so far has come from local government, agencies, donations, community contributions and pledges.
An additional $1.5 million is needed to come up with the $12 million dollar purchase price by August 28th from the current owner, Pismo Beach Coast View LLC.
If the conservancy still doesn't have enough funds by that date, the Pismo Beach City Council said they may bridge the gap to close the deal.
If they can't come up with the difference by the end of August, there is a possibility the land could be sold to another buyer and developed.
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