California Inching Closer to Using Eminent Domain to Acquire Martins Beach
KGO TV/ ABC 7
By David Louie
HALF MOON BAY, Calif. (KGO) --
The state is inching closer to acquiring a portion of billionaire Vinod Khosla's beachfront property on the San Mateo County coast through eminent domain.
State Senator Jerry Hill addressed the Assembly Judiciary Committee in Sacramento Tuesday morning as he seeks final passage of SB 42, which would create a fund to collect up to $1 million in public and private funds, including funds from nonprofits, to acquire right-of-way or an easement to allow public access to the beach.
The bill has already been approved by the State Senate. It next requires passage by the Assembly and the signature of Governor Jerry Brown.
Martin's Beach is owned by Silicon Valley pioneer Vinod Khosla, a co-founder of Sun Microsystems and a prominent technology venture capitalist. Khosla paid a reported $32 million for the 89-acre site around 2008 but, closed off beach access two years later, which had been allowed under the previous property owner.