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Kern County Board of Supervisors Unanimously Approve Tejon
Mountain Village
BAKERSFIELD, Calif. - October 6, 2009 - The Kern County Board of Supervisors has unanimously voted to approve development of Tejon Mountain Village, a remarkable mountain resort community planned for the westernmost high country of Tejon Ranch. The new community is being developed by Tejon Mountain Village LLC, a joint venture of Tejon Ranch Company (NYSE:TRC) and DMB Associates. "We are pleased the Kern County Board of Supervisors has decided to support Tejon Mountain Village and the new jobs, enhanced public services and expanded tourism economy it will bring," said Robert A. Stine, President and CEO of Tejon Ranch Company. Tejon Mountain Village is located approximately 40 miles south of Bakersfield and 60 miles north of Los Angeles. �A high-quality mountain resort community located just a short drive from both Bakersfield and the large and affluent Los Angeles market will be a natural draw for people who want to live in a beautiful natural setting, or for those who will use the community's exceptional resort facilities for a relaxing respite from the hustle and bustle of urban life," Stine added. The Supervisors were effusive in their praise for the community, noting its environmental sensitivity, the care and planning that went into its design, and the role Tejon Mountain Village will play as a prestigious new gateway to Kern County. "Tejon Mountain Village reflects the highest standards and should serve as a model for the rest of the state when it comes to development," said Supervisor Michael Rubio. Community Details Tejon Mountain Village is planned on 26,417 acres in the Tehachapi Mountains. The plan will preserve 80 percent of the land as open space; an area roughly one-third the size of Bakersfield. The developed portion of the community will consist of:
The homes in Tejon Mountain Village will also help fund the Tejon Ranch Conservancy, an independent body established to guide the stewardship of up to 90 percent of the Ranch (240,000 acres) that will be conserved as open space. Next Steps With today�s approval by the Board of Supervisors, Tejon Mountain Village will begin the process of obtaining a number of discretionary permits and approvals from regional, state and federal agencies, and will begin the detailed engineering work necessary for construction to begin. About Tejon Mountain Village
About DMB Associates
About Tejon Ranch
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Contact:
Tejon Ranch Company
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