Home Back Issues November 2010 Counties, timber company exchange property

Counties, timber company exchange property

| Print |  Email
Articles - November 2010
Thursday, October 21, 2010

 

1110_ATS10
Private land in Lincoln, Benton and Polk counties has been exchanged for state land to allow for better road placement and easier management. // PHOTO COURTESY OF OREGON DEPARTMENT OF FORESTRY

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.
Vomocil says a similar exchange between two private companies could have been completed in six to 12 months. Additional appraisals and public hearings slow the process. Also, counties must have a balanced value of land traded because they receive some of the revenue generated by the 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.”

CORY MIMMS
 

More Articles

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

How to help your staff solve their own problems

Contributed Blogs
Friday, March 21, 2014
03.21.14 thumb coxcoffeeTOM COX | OB BLOGGER

During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.


Read more...

Q & A with Chuck Eggert

News
Thursday, March 06, 2014
03.06.14 thumb pacfoodsBY HANNAH WALLACE | OB BLOGGER

The founder of Pacific Foods talks about why his company has flown under the radar in Oregon, how saving a family-run chicken hatchery has helped his bottom line and why he thinks organic food is anything but elitist.


Read more...

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

The 2014 List: The Top 33 Large Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS