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State Land Board, conservation partners outline REP/REPPY conservation deals and a mineral‑value appraisal gap at Table Mountain
Summary
Board staff and conservation partners reviewed the REP framework for selective disposals to secure perpetual conservation near military installations; partners described Bohart acquisition phasing and funding, and staff flagged a mineral valuation gap at Table Mountain that requires further negotiation.
At a May 12 workshop the Colorado State Land Board and conservation partners updated commissioners on the REP (readiness and environmental protection) framework to enable strategic disposals of select trust lands for perpetual conservation while capturing full unencumbered value for the trust.
Real estate program manager Mal Fontaine summarized the REP/RERPPY approach approved by the board in 2023 and identified candidate properties in southern Colorado and along the Highway 115 corridor (Bohart, Big Springs, Edison, Table Mountain, Aken Canyon). Fontaine said the framework requires board approval for each property and allows phased transactions to accommodate large values and funding timelines.
Staff…
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