I yield myself as much time as I may consume. Mr. Speaker, we are here today to address the Soledad Canyon Settlement Act, H.R. 5742, as introduced by our colleague from California (Mr. McKeon). This bipartisan bill will solve a longstanding controversy surrounding a pair of sand and gravel leases located near the community of Santa Clarita, California. In 1990, the Bureau of Land Management, or BLM, issued two leases for sand and gravel mines to CEMEX. At the time, this area was much more remote than it is today. As CEMEX was preparing a plan of operation, it became clear to all parties involved that local community development had made the project incompatible with the local community. Local community leaders, the region's congressional delegation, and the company have all worked for more than a decade to find a legislative solution to make the company and Federal Government whole while returning the lease to the Federal Government. As a result, we are here today to move forward with a plan to cancel these leases while at the same time making both the contract holder and the Federal Government whole. This legislation has the strong support of State and local communities, the contract holder, and the regional congressional delegation. Now while this bill has just recently been introduced, it is the product of years of hard work and careful communication and review by the committee. The gentleman from California (Mr.…
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