Free Republic

A state audit has accused the Santa Monica Mountains Conservancy of mismanaging $7 million in voter-approved bond money that was supposed to be used to acquire and restore parkland. In a scathing report, Department of Finance auditors found that the conservancy “does not adequately manage, control, or oversee” $115 million in bond funds, funneling away money to pay for legal fees, office expenses, conferences, cars, travel, vacation and sick pay, and “excessive” overhead charges. “In our opinion, they’re not spending funds in line with the bond measures,” said Samuel E. Hull, chief of the Office of State Audits and Evaluations....

LOS ANGELES Soka University of America has sold its 588-acre land in the Santa Monica Mountains to the state for 35 (m) million dollars. The land is expected to become public park land consisting of nature trails. It also will house the headquarters for the Santa Monica State Recreation Area and a national park visitors' center. The Santa Monica Mountains Conservancy will own and oversee most of the land once it's turned over to the state in three years. Under terms of the deal, the university will lease the land until current students graduate. Joseph Edmiston, conservancy executive director, says...