We believe “horse-trading” by Dave Potter and PB Co. executives led to the targeting of native Monterey pine forest for destruction to make way for high-density “inclusionary” apartments. Pebble Beach Company executive, Mark Stilwell, was quoted in the Monterey County Weekly as citing “political pressure from county leadership” as the reason the Company proposed the” Area D” site rather than paying the in lieu fee. To see for yourself, watch the following video (derived from the June 19, 2012 Board of Supervisor’s meeting) where they refer to their discussions. (Incidentally, watching this video is the best way to get up to speed on this complex issue.) This current debacle only serves to further tarnish Dave Potter’s poor environmental record. For more information, please refer to our post The Dave Potter Connection.
By Peter Mathews
When something doesn’t make sense, it usually means you don’t have all the information. That is certainly the case with the inclusionary housing arrangement between the County Board of Supervisors and the Pebble Beach Company. The PB Co. originally wanted to pay an in-lieu fee of $5 million rather than build rental apartments in the Del Monte Forest.
Then an agreement was made for the County to hold the $5 million in escrow until the apartments were built “somewhere” on the Monterey Peninsula, with an additional $2 million penalty to be imposed if no inclusionary housing was built within 5 years of the agreement. The County would then have $7 million to build inclusionary housing wherever they deemed appropriate. So far, the agreement makes sense.
But then at the June 19, 2012 Supervisor’s meeting when the Del Monte Forest build-out plan was approved, Supervisor Dave Potter unexpectedly launched into a monologue/history lesson about when he was on the Monterey City Council in 1991. He brought up a mysterious “MOU” (Memorandum of Understanding) between the City of Monterey and the Company that had been “put in escrow and there it sat” (Potter’s words). He said the MOU pertained to the “Old Capitol” site, 135 acres of undeveloped land across the freeway from the Del Monte Shopping Center. Potter then alluded to recent conversations about it between himself and Mark Stilwell, VP Real Estate for the PB Co. And then things got very murky.