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questions and Answers Relating oe i iamson Act Page 2r o <br /> 18.What is the cancellation fee? <br /> Prior to the hearing by local governing body of the land-owner's cancellation petition,the Assessor shall determine the <br /> cancellation valuation of the land,which is based on the current fair market value of the land as though it were free of <br /> contractual restriction. The cancellation fee shall be equal to 12 1/2 percent of the cancellation valuation of the property. <br /> Cancel-lation will not become effective until <br /> the cancellation fee is paid,and any other stipulated conditions have been met. <br /> 19.What happens to the contract in the event of an action in eminent domain for condemnation? <br /> Upon the filing of eminent domain for condemnation,or acquisition in lieu of eminent domain,the restrictions will be <br /> removed on the land actually condemned,or acquired. <br /> 20.What happens in the event that the owner fails to comply with the <br /> terms and conditions of the contract? <br /> In case of a breach of the contract,the local government may seek a court injunction to enforce the terms of the contract. <br /> Where the breach of the contract is a violation of land use restrictions,normal zoning enforcement provisions will apply. <br /> For more information contact: <br /> The Department of Conservation <br /> Office of Land Conservation <br /> 801 "K" Street MS 13-70 <br /> Sacramento,CA 95814 <br /> http://www.co.humboldt.ca.us/planning/brochure/william.htm 5/12/2004 <br />