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Tuesday, November 21, 2006

Land buy shelters Silver Springs

Posted November 15, 2006
With state land conservation funds largely depleted this year, in part because of the massive Babcock purchase, the state will only have to come up with about $45 million next month for the initial phase of the purchase.

Then in July, when a new budget year begins, the state will need another $31 million to complete the purchase. In the meantime, the nonprofit conservation group will hold the remaining property, waiting for the second transaction.

Once fully acquired, the property will be managed by the Division of Forestry as a new state forest.
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