As Originally Reported by Paige Yowell
Unlikely allies have have joined forces to oppose Amendment 74: Republicans, Democrats, labor unions and local chambers of commerce. Add to that list historic preservationists, who are worried that the ballot measure would have a chilling effect on the designation of historical districts and places if it passes.
Some opponents say that Amendment 74, which would alter the state constitution so that property owners could be compensated for any reduction in property value caused by state laws or regulations, could bankrupt the state with endless litigation if passed. It could also wipe out zoning codes and dissuade local governments from regulating at all if the threat of lawsuits is always looming. That’s why Colorado Preservation Inc.has come out against the measure and is letting all of its members know what’s at stake.
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