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County lands director details $20.85M spent and $11M held as county pursues large conservation purchases

Summit County Council · October 4, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The county lands presentation reviewed four completed conservation closings and pending purchases tied to the bond program. Staff said roughly $20,850,000 has been spent to date, about $11,000,114 is held for pending properties and the remaining bond balance is approximately $14,487,000, and outlined next steps for the 09:10 (910) ranch appraisal and public open houses.

County lands staff gave a detailed update on the county’s conservation acquisitions, bond spending and the status of several large, pending transactions.

Summary of finances and activity: Jess said the county had closed on multiple conservation easements and fee purchases this year and reported spending roughly $20,850,000 from the bond so far. She said the county is holding approximately $11,000,114 for pending purchases and described a remaining bond balance of about $14,487,000…

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