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Planning documents, Common School Fund and property sales on Land Board meeting agenda
For immediate release                                                                                         12-04
More information:  Julie Curtis - 503-986-5298; julie.curtis@state.or.us
Salem - At their Feb. 14 public meeting, the State Land Board will be asked to approve the Department of State Lands' 2012 Real Estate Asset Management Plan, which will guide the agency's property management activities for the next decade. The REAMP is an update of the 2006 - 2016 asset management plan.  
The meeting will be held:
Tuesday, Feb. 14, 2012
10:00 a.m.
Land Board Room
775 Summer Street NE, Salem
The main goals of the new plan are to: 1) increase the overall value of and revenue from real property; 2) identify lower-performing lands for disposal; 3) establish priorities for management actions; and 4) balance revenue enhancement and resource stewardship.
The board also will be asked to approve an updated 2012 - 2016 Strategic Plan; a plan for repaying the Common School Fund principal for distributions to schools that occurred between 2001 and 2007; and the sale of 16 scattered parcels in Josephine, Jackson, Lincoln, Deschutes, Crook and Jefferson counties.
The informational agenda includes the Estates Program annual report. Oregon's Constitution directs the Department to administer estates for those who die without a will and without known heirs.
The meeting will be held in a facility that is accessible for persons with disabilities. If you need assistance to participate in this meeting due to a disability, please notify Lorna Stafford at (503) 986-5224 or lorna.stafford@state.or.us at least two working days prior to the meeting.
The State Land Board consists of Governor John Kitzhaber, Secretary of State Kate Brown and State Treasurer Ted Wheeler. The Department of State Lands administers diverse natural and fiscal resources. Many of the resources generate revenue for the Common School Fund, such as state-owned rangelands and timberlands, waterway leases, estates for which no will or heirs exist, and unclaimed property. Twice a year, the agency distributes fund investment earnings to support K-12 public schools. The agency also administers Oregon's Removal-Fill Law, which requires people removing or filling certain amounts of material in waters of the state to obtain a permit.