State sells Elliott Forest parcels
The Oregon Department of State Lands has completed the controversial sale of three parcels of Elliott State Forest totaling 1,453 acres to Seneca Jones Timber and Scott Timber Co.
The sale fetched $4.2 million despite the promise from environmental groups to file a lawsuit to halt logging over the alleged existence of federally protected marbled murrelets in the parcels.
The East Hakki Ridge parcel was purchased by Seneca Jones Timber for $1.89 million, while Adams Ridge 1 was purchased by Scott Timber for $1.87 million. Benson Ridge was purchased for $787,000.
In December 2013, the State Land Board approved selling about 2,700 acres within the Elliott. Managing the Common School Fund land within this forest — which in recent years generated annual net revenues in the $8 million to $11 million range — cost the fund about $3 million in fiscal year 2013.