Longmont: LAR Opposes Gas and Oil Moratorium

The Longmont Association of REALTORS submitted comments to the Boulder County Commissioners for the June 28th public hearing of resolution 2016-65. The resolution would establish another moratorium on gas and oil applications until November 16, 2016.

In its comments, LAR wrote, “The Longmont Association of REALTORS® (LAR) opposes Resolution 2016-65, which would establish a new moratorium on processing gas and oil applications until November 18, 2016. Boulder County has implemented moratoria on gas and oil applications since 2012. The result of these “temporary” moratoria has been to deny owners of mineral rights the ability to utilize their property for the past four years. In our opinion, the County should accept the Colorado Supreme Court’s ruling of May 2, 2016, and allow those who own mineral rights to develop their holdings if they choose, as the Colorado Constitution allows.”

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