July 15, 2010 (Pen Men at Work): The Neverland Ranch in the Santa Barbara County happens to be the ex-residence of Michael Jackson, who has been labeled by many of his admirers and music analysts as the ‘Emperor of Pop’.

Mike Davis happens to be a policymaker of the state of California. Assemblyman Mike Davis has now emerged with a proposal that it must be analyzed whether the California Department of Parks and Recreation (CDPR) can undertake possession of the Neverland Ranch. If this happens, the Neverland Ranch would become the most recent state park of California.

Mike Davis, who happens to be a legislator from Los Angeles, has mentioned that scores of admirers of Jackson globally would possess the desire to witness his former estate. The Neverland Ranch was of a whopping 2500 acres. This estate once sheltered a zoo with tigers and snakes and also owned an enjoyment park with fabulous rides. However, many of the domain’s appeals were vended or taken to pieces subsequent to Jackson’s shocking demise in 2009.

Colony Capital LLC happens to be a private equity organization headquartered in Santa Barbara. It assumed responsibility of Neverland in an undertaking with Jackson after Jackson just about lost possession of the estate to foreclosure. Jackson handed over management of the estate to Colony Capital for a sizable $35 million in 2008. This business now happens to be the co-owner of the property in conjunction with the Jackson family. The spokesperson of Colony Capital, Owen Blicksilver, rejected to issue an observation on this suggestion of Mike Davis.

The victory of this proposal is doubtful since the Californian state is one in which the budgetary arrears stands at $19 billion. Governor Arnold Schwarzenegger formerly recommended the vending of the state’s milestone edifices to accumulate money to cover the budgetary deficit. Mike Davis has asserted that he deems that it would be hard for the CDPR to acquire the Neverland Ranch autonomously. Davis favored a confederation of state-owned and private organizations in order to procure the Neverland Ranch. Davis has expressed hope that this acquisition will turn out to be a profitable idea for the Californian state.

Davis has clarified that his proposal has not been worded explicitly yet. Davis stated he might set forth a motion or bill on the matter in August when the state policymakers would come back from their monthlong recess.

The suggestion of Neverland becoming a state park is, purportedly, the creation of Alice Huffman. Huffman happens to be the president of the California division of the National Association for the Advancement of Colored People (NAACP). Huffman had stated in the past to The Boston Herald that the creation of cash is not automatically as significant as conserving history. The Neverland Ranch is a cherished ingredient of Californian history of global relevance that needs to be preserved meticulously.

Endorsers of this undertaking have referred to Graceland as a model for how much money Neverland could generate. Graceland produced $36 million in proceeds in 2009. It must be remembered, however, that Graceland is privately managed. The state of Tennessee has to put up with no monetary risk associated with the memorial to Elvis Presley.