March 2616 parcels range in opportunities, locationsA state land auction set for 10 a.m. March 26 at the Blue Mountain Conference Center in La Grande will feature rangeland and timberland, ranging from 1 to 160 acres in Baker, Union, Umatilla and Wallowa counties.
The properties include one parcel with frontage and visibility on I-84 near Meacham; timber-dominant properties near Baker City, Cove and La Grande; potential farm type properties in Umatilla County, and properties with spectacular views of the Grande Ronde Valley. Some parcels have recreation potential and many parcels are land locked.
Money from the land sales become part of the agency's real estate portfolio managed to generate revenue for Oregon's Common School Fund, a trust fund established at statehood to benefit schools.
Twice a year, the Department of Education distributes earnings from the fund to the state's 198 K-12 public school districts; in 2008, distributions totaled $55.4 million. Distributions in the four counties where the state properties are located (Baker, Umatilla, Union and Wallowa) totaled over $1.87 million.
"Our goal over the next five-plus years is to consolidate our land holdings and make strategic real estate investments to increase the Common School Fund." said Lilly. "We have a responsibility to the more than half a million school-aged children in this state - and to future generations of Oregon schoolchildren - to do all we can to ensure the fund is healthy and growing."
More information, including detailed descriptions of the parcels and the auction process, is available on the DSL Web site: (www.oregonstatelands.us), or by calling the DSL Salem office: 503-986-5200.