[at-l] 241,000 arces of Maine Forest protected

[icw39@ncfreedom.net (Clark)]

This kind of a great, win-win deal is why each of you should find a land
trust organization near you and support it - land trusts rule! :)

thru-thinker

kahley wrote:

> At 09:58 AM 8/28/02 -0400, Snodrog5@aol.com wrote:
>
>> --
>>
>> The agreement between The Nature Conservancy and Great Northern Paper
>> guarantees public access and sustainable forestry while barring
>> development
>> in woodlands around Mount Katahdin.
>
>
> WOOHOO..my money at work!!!!!
>
>> The nonprofit conservation group will take ownership of 41,000 acres and
>> obtain an easement on 200,000 acres of working forest. In exchange,
>> the group
>> will retire $14 million in loans to Great Northern and refinance loans
>> totaling $36 million.
>
>
> YIKES....that's a lot of money.  Looks like it's time to break out the
> check book
>
>
>> The deal followed months of negotiations initiated by The Nature
>> Conservancy.
>>
>>
>> Great Northern CEO Lambert Bedard said he first thought the proposal
>> was too
>> good to be true, but was delighted to find out there was no catch. The
>> Nature
>> Conservancy's Bill Ginn, who came up with the idea, says it's on a scale
>> comparable to the creation of Baxter State Park
>> _______________________________________________
>> From the AT-L mailing list         est. 1995
>> Need help?  http://www.at-l.org
>> Archives: http://www.backcountry.net/arch/at/
>> Change your options or unsubscribe:
>> http://mailman.backcountry.net/mailman/listinfo/at-l
>>
>> Stay on topic!
>
>
> _______________________________________________
>
>> From the AT-L mailing list         est. 1995
>
> Need help?  http://www.at-l.org
> Archives: http://www.backcountry.net/arch/at/
> Change your options or unsubscribe:
> http://mailman.backcountry.net/mailman/listinfo/at-l
>
> Stay on topic!
>
>