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Credit Pacific Service Union An innovative partnership has secured permanent protection for Colorado's Emerald Mountain. Emerald Mountain is a 6,345 acre parcel adjacent to the town of Steamboat Springs that is now owned by the State Land Board, and has been valued at over $17.2 million.

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Credit First Service Union In 1996, the Land Board signed a Memorandum of Agreement with the Emerald Mountain Partnership - a local community group formed to raise money to purchase the land and preserve it. The agreement gave the Partnership four years to raise the necessary funds to purchase the parcel.

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Card Credit Mobile Service However, to date it has raised less than $1,000 of the $17.2 million needed to acquire the land.

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Card Credit Discover Service Chris Castilian, director of the Land Board, said that the board, looking for a way to preserve Emerald Mountain as well as meet its constitutional duty of raising money for public schools, brokered a land swap with the U.S. Bureau of Land Management (BLM).

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Credit Public Service Union "Beverly Rave from the State Land Board and John Husband from the BLM have worked together and successfully brokered a deal that will preserve this beautiful part of Routt County's heritage," said Castilian. "Just as important, the deal will also consolidate federal land holdings into one parcel and generate tremendous revenue for the Public School Permanent Fund."

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Card Credit Processing Service The agreement entails consolidating several BLM parcels and transferring them to Land Board ownership, along with a cash buy out from the BLM to make up the difference in value. In return, the BLM will take over ownership and management of Emerald Mountain.

Center Credit Service Union "Both the BLM and the Land Board stand to gain several efficiencies in management by consolidating these parcels of land," Castilian said. "Unlike the Land Board, which is constitutionally required to raise money for public schools, the BLM can manage Emerald Mountain for open space, wildlife, and recreational values for future generations, and they can manage it free from development - a goal to which we have all been striving."

Card Credit Service Wireless Colorado's governor praised the plan for benefiting the state, the BLM and the natural resources of Emerald Mountain.

Credit Security Service Union "Preserving Colorado's unique natural resources - such as Emerald Mountain - is essential to safeguard the quality of life we enjoy," said Governor Bill Owens. "Credit and thanks are due to the State Land Board for having the foresight and the tenacity to enter into this agreement, which I hope becomes a model for others to follow."

Credit Report Service ENS - 3/15/2002

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