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March 18, 2007


Measure 37 is a tool for corporate developers to get around strict Oregonian land use lands and to pressure rural communities to give up their agricultural lands, owned largely by farmers who are seeking to cash out farms.

The average farmer is over 55 years of age, and this give them an attractive out to retirement. Most children have no interest in farming, and the sale of their property will yield more cash in these areas than 20 years worth of crops.

However, real estate agents are running into parceling issues in Eastern Oregon. Lack of sufficient ground water is keeping large land developers from allowing them to break up tracts of land into smaller parcels. Banks will not finance individual parcels unless water drilling can yield 5 gallons per minute for 4 hours. This issue is particularly true in areas that are slated for substantial growth, namely Baker City and La Grande, which by many are considered by corporate America to be "the next Bend-Redmond" and far as real estate expansion goes.

To compensate, some drilling operations may opt to use a larger than standard drilling bit to meet the standard; using a 10 inch drilling bit rather than a 6 inch one.

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