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Land Board approves Fountain Creek Extension purchase to enable wetland mitigation bank
Summary
The board approved acquisition of up to 120 acres near the Fountain Creek corridor to improve access to an existing 80-acre trust parcel and create the potential for a stream and wetland mitigation bank; board approved expenditure of IND funds for perimeter improvements and delegated acquisition approval as presented.
Staff proposed the acquisition of the Fountain Creek Extension parcel — roughly 100–120 acres adjacent to a currently owned 80-acre School Trust parcel — to create contiguous access, improve the potential for a wetland and stream mitigation bank and support multiple trust objectives including grazing, recreation and future marketing for homesites if mitigation bank approval is not obtained.
Val Lafontaine, acquisition disposition manager, and Mindy Gottsagen, conservation services manager, told the board the acquisition solves a longstanding access limitation that has impeded the development of a…
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