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|Articles - November 2010|
|Thursday, October 21, 2010|
After almost two years of negotiations, Corvallis-based Starker Forests will exchange 2,095 acres of land in Lincoln, Benton and Polk counties for 1,904 acres of state-owned land. Exchanging small pieces of land gets rid of jigsaw-puzzle property lines, which allows for better road placement, says Marc Vomocil, spokesman for the timber company.
Both parties feel the exchange will make management of the land easier. The city of Cannon Beach also entered into negotiations with the Department of Forestry in 2008 concerning 805 acres of land.
“Patience is the key,” says Mike Totey of the Department of Forestry.
Land negotiations are a balancing act. The value of the timber and the land are the major concerns, but biological assessments and recreational value must also be considered. Third-party appraisals must be used to ensure a fair assessment, and they aren’t cheap. The Cannon Beach exchange cost approximately $70,000. Then, to ensure the state doesn’t lose valuable mineral deposits, what lies beneath the forest must be considered. Final approval has to go through the state land board because it owns the mineral rights.
After the appraisals are completed, the negotiations begin. In the Starker Forests exchange, the state’s land was valued at over $1.1 million more than Starker’s land. Timber will compensate the state for the loss and will have to be harvested within seven years, a stipulation of the contract. In the Cannon Beach exchange, the city will pay the state $51,000 to make up the difference.
Everyone involved is glad the negotiations are coming to a close. “It’s one less project on my desk,” Vomocil says. “We’ll be able to reap the benefits of the consolidation.”
Thursday, May 29, 2014
BY JON BELL
A new generation of outdoor apparel companies targets the young and the urban.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, May 29, 2014
BY SOPHIA BENNETT
Tillamook expands its tourism niche.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Friday, May 30, 2014
BY DEBRA RINGOLD | OB GUEST CONTRIBUTOR
Since 1970 the performance of our public education system has steadily deteriorated.
Wednesday, May 28, 2014
Oregon Business magazine's "Green Your Workplace" seminar featured a panel of sustainability experts from small, medium and large organizations. The seminar drew 70 people and took place in the Nines Hotel this morning.
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