My City is Insane

[Martinjmpr]

Can someone translate that into English and TL;DR it for those of us adhd folk raised on Ritalin?

It's a silly way to try and prevent oil or gas exploration and extraction. And it's stupid because I'll bet most of the county sits on split estate lands (that is, the surface estate belongs to one owner and the mineral rights belong to another.) If someone who owns the mineral rights attempts to exercise those rights and the city stops them, it would be called a "regulatory taking" and the city - which is to say the taxpayers - will be liable to pay the fair market value of the mineral rights taken which could run into the millions pretty easily.

BTW wasn't Lafayette originally built as a coal mining town? Or am I thinking of Louisville?

[DenverGP]

BTW wasn't Lafayette originally built as a coal mining town?

From wikipedia:

On January 6, 1890,[2] the town of Lafayette was incorporated. Lafayette quickly became a part of the coal-mining boom that all of eastern Boulder and southwestern Weld counties were experiencing, with the Cannon and Simpson mines being the largest and most productive.

[WETWRKS]

BTW wasn't Lafayette originally built as a coal mining town? Or am I thinking of Louisville?

Louisville/Lafayette was the wet town in Boulder County during prohibition. There were about 13 speakeasies in the area. The coal miners linked them all via tunnels. When one location would get raided they would slip thru the tunnels and start the party at the next place. The tunnels still exist to some extent.

[Rucker61]

It's a silly way to try and prevent oil or gas exploration and extraction. And it's stupid because I'll bet most of the county sits on split estate lands (that is, the surface estate belongs to one owner and the mineral rights belong to another.) If someone who owns the mineral rights attempts to exercise those rights and the city stops them, it would be called a "regulatory taking" and the city - which is to say the taxpayers - will be liable to pay the fair market value of the mineral rights taken which could run into the millions pretty easily.

They took care of that. If those rights are owned by a corporation, that corporation no longer has the right to legal redress. The corporation can't sue in a court of law, as they don't have rights.

[Singlestack]

One other point I made that I forgot to mention is this type of bill, if it were to somehow become law, would make Lafayette a magnet for the "professional class" out of state protesters like we have seen at most of the national leftist protests. We would see busloads arriving who would be prepared to stay as long as they wanted. My property value would decrease due to the blight these types of anarchists bring. In fact, at the hearing I only heard one supporter speak who claimed to be a city resident - all the rest were from other cities or out of state.