The article in the Sept. 28 issue of The Surfside News entitled “Pacs Start Forming for the City’s Nov. 7 Ballot Measures” erroneously describes Measure N as the “city-fostered measure supporting the Malibu Bay Company (MBC) Development Agreement.” Measure N does not support the MBC Development Agreement.
By its terms, Measure N provides that “… a development agreement concerning real property located in the City of Malibu (whether a single parcel or multiple parcels) … which is more than 30 acres in size (this would include the MBC Developmental Agreement) shall be … submitted to the voters of the City of Malibu in accordance with California Elections Code Section 2292 and approval of both the City Council and the voters shall be a condition precedent to the effectiveness of any such development agreement …”
As you will note from the foregoing quote, the purpose of Measure N is to give the voters an opportunity to approve or disapprove any such development agreement if they choose to do so. Measure N neither fosters nor opposes the MBC Development Agreement. The voters will decide.
A. David Kagon
Chair, No on P Election Committee