Galena
Gateway Project Halted
With their $1.275 million offer rejected by a
landowner, the Land Acquisition Committee of the Jo Daviess Conservation
foundation regretfully announces that negotiations to purchase the Richards farm
in Galena for the proposed Galena Gateway Scenic Preserve have been
discontinued.
After working on the project for four and a half years, the committee raised
over $1.1 million through local contributions and grants from the state of
Illinois and private foundations. Negotiations took place over several
weeks, with the committee making a final offer of $1.275 million dollars.
The most recent appraisal on the land, completed in October of 1999, valued the
land for development at $1.072 million.
The $1.275 million offer, made to the two landowners, was a cash offer with no
contingencies and a closing date of February 28. the purchase needed to be
completed by that date or approximately $250,000 in private funding would be
withdrawn. Unfortunately, one of the two owners rejected the offer.
With the loss of funding, the Foundation is compelled to discontinue
negotiations.
Land Acquisition Committee Chairman, Jim Baranski said, "We are very
disappointed that we could not come to terms on this project. Dozens of
volunteers have contributed literally thousands of hours over the past four and
a half years working to acquire and preserve this property."
|
| Last Chance
Landscape
Scenic America, a national conservation
organization, released a report naming the Upper Mississippi Blufflands Region
of Illinois, Iowa, Minnesota, and Wisconsin one of its ten Last Chance
Landscapes. These endangered landscapes are places of beauty or
distinctive community character with both a pending threat and a potential
solution.
The Last Chance Landscape designation is just a designation; it doesn't mean new
regulations or funding for this region. It's a good way to show area
citizens, landowners and potential funders that we are stewards of a special
place worth protecting for future generations.
According to its entry in Scenic America's 2000 Last Chance Landscapes
publication, "The unique beauty of the Upper Mississippi Blufflands Region
of Minnesota, Iowa, Wisconsin, and Illinois is different from any other areas in
these states. In addition to the scenic qualities of the blufflands, the
area contains historic towns, important archaeological sites, small working
farms, and rare ecosystems. The region is experiencing tremendous pressure
from residential development and resource extraction, and needs a regional
strategy to protect its special qualities."
|
|
|
|
|