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El Pomar will Purchase Portion of Hitch Rack Ranch Land for $3.75 Million as Part of Lawsuit Settlement

By on December 22, 2021 in Litigation-Business

“The El Pomar Foundation will spend $3.75 million to purchase ranch land as part of a settlement that will result in the dismissal of a lawsuit accusing the nonprofit of violating state law by secretly lobbying members of then Gov. John Hickenlooper’s staff to kill a controversial proposal for a granite,” reports Christopher Osher in The Gazette.

“It’s the second settlement El Pomar has ended up paying over its efforts to block efforts to mine a portion of the Hitch Rack Ranch, located south of Colorado Springs. In 2019, El Pomar paid a confidential $15 million settlement after Chicago-based Transit Mix Concrete alleged that El Pomar’s backdoor lobbying subverted the legal hearing.”

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