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University faces legislative pushback over Pine Tree Station sale; deed restrictions and congressional waiver cited
Summary
University of Arkansas officials said they are negotiating amendments and short-term management arrangements for the Pine Tree Research Station sale while seeking to avoid breaching an existing contract; lawmakers pressed that deed restrictions and two recent state laws bar a sale without a congressional waiver.
University witnesses told the committee they are working to resolve a contract and management plan for the Pine Tree Research Station in St. Francis County while negotiating with Arkansas Game and Fish and other stakeholders.
Mark Cochran, vice president for agriculture, said the university had an existing sales contract and executed an amendment with the prospective buyer to delay a closing to give the state…
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