Post on 24-Jun-2020
transcript
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Lopez Hill TransferTrust Transfer
San Juan County
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
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Lopez Hill Transfer
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
Lopez
Island
San
Juan
Island
Anacortes
Cypress
Island
Orcas
Island
Bellingham
S a n J u a n
C o u n t y
W h a t c o m
C o u n t y
I s l a n d
C o u n t y
Transfer Property
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• San Juan County - Trust Land Transfer lessee of property; 2009 lease which expires in 2059
• Direct transfer request from San Juan County; Lease provision and RCW 79.17.200
• Common School Trust; Transfer would reposition the trust asset
• County provided admin. fee for DNR transaction costs
Lopez Hill Transfer
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
L o p e z I s l a n d
Lopez Hill Transfer
Map – San Juan County Land Bank
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Lopez Hill Transfer
• Extensive recreational trail system and trailhead
• Friends of Lopez Hill association
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
Photo - Friends of Lopez Hill Photo - Friends of Lopez Hill
Photo - Friends of Lopez Hill
Photo - Friends of Lopez Hill
Map - Friends of Lopez Hill
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Lopez Hill Transfer
• Island timber harvests have high costs
• High potential for timber harvest constraints; wetlands, wildlife habitat, plant communities, balds
• County Ecological Assessment in 2010 A - western
red cedar – salal
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
1988 harvest
B - Douglas fir -ocean spray -bald hip rose –western fescue
Map – Lopez Hill Ecological Assessment 2010
Photo – Lopez Hill Ecological Assessment 2010
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• 400 acres in size
• Zoning – Forest Resources; 1 home / 20 acres (20 potential homes total)
• HBU is for 20 clustered homes after Class 4 General timber harvest
• Past timber harvest in 1988, 90 acres, NE portion
Lopez Hill Transfer
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
1988 Harvest Area
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Appraisal Acreage Payment Fund Recipient
TLT Lease for 50 years 400 $ 5,005,000
100% Common School Construction Account (CSCA)– Common School (2009)
Residual Value of Fee
Interest
400 $ 1,030,000 100% Real Property Replacement Account (RPRA)– Common School (2018)
Total Value for Trust; Lease + Transfer
$6,035,000 Listed above
Valuation
Lopez Hill Transfer
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018
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Questions ?
Resolution #xxxx
Lopez Hill Transfer
DNR photo
LOPEZ HILL TRANSFER 02-095547BOARD OF NATURAL RESOURCES – MAY 1, 2018