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  • Unclaimed Property Auction Grosses Nearly $300,000
    The abandoned safe deposit box contents auction that was held in Grants Pass in May 2016 was very successful with gross sales of nearly $300,000. Almost 1200 auction lots were originally scheduled for sale. The two-day event was conducted by the Liska Oregon Auction Company.

    Thanks to claims staff’s extra efforts, the owners of over 200 lots were found, their claims filed, and the lots pulled from the auction. In one case, jewelry lots were pulled the day before they were scheduled to be sold.

    “Our intent is to return the actual items reported as unclaimed property, if at all possible. The unfortunate reality is that to make room in our secured area, we have to conduct an auction of items at least every other year,” indicated Patrick Tate, Trust Property Manager.

    The net sale proceeds of the auction will be posted back to the original owners’ accounts and be available for claim in perpetuity. Until claimed, these funds reside in the Common School Fund where the interest earnings benefit K-12 schools in Oregon.

    The next auction is tentatively scheduled for 2018.
  • State announces fair market value of school lands within the Elliott State Forest

    Work on implementing the protocol for alternative ownership continues

    The Department of State Lands on July 27 released the fair market value of 82,500 acres of Common School Fund lands within the Elliott State Forest: $220.8 million.

    The value was determined by Mason, Bruce & Girard, and Oregon natural resource consulting firm that analyzed property appraisals provided by three independent firms.

    The announcement is a key piece of information for the public, private and nonprofit entities that have expressed an interest in acquiring the Elliott property in Coos and Douglas Counties.

    More information

    Elliott Ownership Transfer

  • Nominations now open for 2016 Land Board Awards
    The Department of State Lands is now accepting nominations for Wetland, Stream and Partnership Awards. The Land Board’s annual awards honor exemplary, sustainable stewardship of Oregon’s natural resources and lands. Projects completed in 2016 are eligible for nomination.
     
    Since the program began in 2004, honored projects have included dam removals in Linn and Tillamook counties; stream restoration in Wallowa and Union counties, Wilsonville and the Upper John Day watershed; wetland restoration projects in Klamath, Tillamook, Douglas, Multnomah and Lane counties; and recognition of dedicated partner organizations in Bend, Coos Bay and Portland.
     
    The deadline to receive nominations is March 1, 2017.
     
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