Denver Mayor Michael Hancock on Tuesday announced his opposition to a pair of measures on the November ballot seen as having a major impact on oil and gas development in Colorado.
Hancock spoke out on Proposition 112, which would increase the buffer zone between new oil and gas drilling sites and homes to 2,500 feet from the current 500 feet, and Amendment 74, a so-called “takings” measure that would write into the state constitution a provision requiring that property owners be compensation for changes in regulations that could affect the value of their property — such as, presumably, those that Proposition 112 would impose.
Here is Hancock’s statement:
Both of these measures are too extreme for Colorado and will have serious repercussions on communities across the state. Proposition 112 will irreparably harm Colorado’s economy, and Amendment 74 will effectively take away every community’s ability to appropriately manage growth, development, licensing, public health and more. There are better ways to protect the health and safety of our communities while keeping our state’s economy strong, and I hope the next Governor and Legislature find a path forward with real solutions that protect our environment and support jobs and our communities. I encourage voters to cast a “no” vote on statewide Amendment 74 and Proposition 112 when they receive their ballots in the coming weeks.