- Associated Press - Sunday, May 8, 2016

CASPER, Wyo. (AP) - In a story May 8 about state-owned land at Grand Teton National Park, The Associated Press erroneously reported that the Department of the Interior would compete with other bidders if it does not purchase two parcels of land at the park this year. The state could also decide to do nothing with the land.

A corrected version of the story is below:

Wyoming could sell state land at Grand Teton National Park

The Department of the Interior could be competing with other bidders in 2017 if it fails to purchase two parcels of state-owned land in Grand Teton National Park this year

CASPER, Wyo. (AP) - The Department of the Interior could be competing with other bidders in 2017 if it fails to purchase two parcels of state-owned land in Grand Teton National Park this year.

The Casper Star-Tribune reports (http://bit.ly/1q7ICdr) an auction would put the land at risk for residential or commercial development.

Wyoming estimates the 1-square-mile parcels are worth $92 million combined, far less than the $1,855 generated annually for the state through cattle grazing on one of the plots of land.

Gov. Dave Freudenthal told federal officials in 2010 that the two parcels had to be sold at their appraised value. The state could also decide to do nothing with the land.

Federal dollars could fund almost half of one parcel’s $46 million price. Private donations would account for the rest.

State land use revenue funds schools. Commercial leases generated $243 million last year.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide