top of page
  • Writer's pictureDeirdre McCrohan

Tiburon approves advance on $1 million open space pledge

Tiburon will advance $200,000 on its $1 million pledge to help complete the purchase and preservation of the 110-acre Martha property, money the organizers of the effort say is needed immediately to pay the second of three nonrefundable deposits under the terms of the deal.


The Town Council at its Jan. 18 meeting voted unanimously to approve the request from grassroots group Tiburon Open Space, which for decades has sought to protect the private property on the southern Tiburon Ridge from development and was instrumental in the pending deal to save it.


Last June, landowner the Martha Co. agreed to sell the property for $42.1 million to the nonprofit Trust for Public Land, which in turn will sell it to Marin County for $26.1 million.


The county’s share will primarily come from the proceeds of Measure M, a $335 annual parcel tax levied on residents of Belvedere and Tiburon south of Trestle Glen Boulevard. The Trust for Public Land plans to fundraise to close the gap, and Tiburon in November pledged a $1 million contribution toward that effort.


For the complete story, pick up this week's edition of The Ark on newsstands or SUBSCRIBE NOW for home delivery and our e-edition.

24 views
Recent stories

Support The Ark’s commitment to high-impact community journalism.

The Ark, twice named the nation's best small community weekly, is dedicated to delivering investigative, accountability journalism with a mission to increase civic engagement and participation by providing the knowledge that can help sculpt the community and change lives. Your support makes this possible.

In addition to subscribing to The Ark for weekly home delivery, please consider making a contribution to support independent local journalism. For more information, contact Publisher & Advertising Director Henriette Corn at hcorn@thearknewspaper.com or 415-435-1190.​

bottom of page