Peninsula Open Space Trust - Preserve Open Space Close To Home
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About the CollaborationThe collaboration to save CEMEX Redwoods is an innovative joint effort of Living Landscape (LLI) partners POST, Land Trust of Santa Cruz County, The Nature Conservancy, Save the Redwoods League and Sempervirens Fund. Major funding for the $30 million acquisition will come from a variety of sources including private funds raised by the partner organizations, as well as grants from the Gordon and Betty Moore Foundation and the David and Lucile Packard Foundation provided through Resources Legacy Fund’s LLI Challenge Grant Program. The San Francisco Foundation also contributed funds to the project. CEMEX Redwoods represents the largest property acquisition in the history of POST, Sempervirens Fund and the Land Trust of Santa Cruz County. POST and Sempervirens Fund are acquiring fee title to the property effective December 16, 2011. POST is pleased to have been able to provide significant upfront funding for the purchase. After acquisition, the Land Trust of Santa Cruz County and Save the Redwoods League will acquire and hold a conservation easement on the land and make sure rare reserves of old-growth redwoods are identified and properly preserved. POST, Sempervirens Fund, Save the Redwoods League and LTSCC will share equally in the costs of protecting the land. POST and its partners are developing a plan to manage the land through a working-forest arrangement that provides for sustainable harvest of some of the timberland while assuring the preservation of critical redwood, wildlife habitat and watershed lands. Sustainable timber harvest will be conducted under even stricter guidelines than those now in place on the land so as to permanently protect conservation values. |