Who would likely purchase the Victorville lands for sale?
There are three classifications of land to be sold near Victorville. Depending upon the classification, the City of Victorville and the County of San Bernardino would have preemptive rights to purchase the land before the land is made available to other interests. Keeping with one of the more important aspects of the Soledad Canyon Mine Act introduced in 2008, the lands sold near Victorville would not be mined, ensuring that H.R. 4332 would not trade one mine for another. Who determines the value of “fair compensation” to CEMEX for the cancellation of their mining contracts? Once H.R. 4332 is signed into law, the Secretary of the Interior would determine the fair market value of the CEMEX contracts being cancelled in Soledad Canyon, as well as the sum of other CEMEX expenditures and liabilities in trying to bring the contracts into production. If CEMEX does not agree with the Secretary of the Interior’s determination of fair compensation, CEMEX would be allowed to ask the United State
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