Idaho’s state Land Board, meeting this morning, voted 4-1 to give state cabin lease holders on Priest and Payette lakes a reprieve on their 2014 rent payments to the state, reports Kevin Richert of Idaho Education News. Tom Schultz, state lands director, told the board that looming rent increases in 2014 could prompt 8 to 10 percent of Priest Lake cabin owners to walk away from their cabins and leases.
Under the plan, Richert reports, leaseholders can defer the difference between their 2014 payments and their 2013 payments, for up to two years, though they must pay 6 percent annual interest. Attorney General Lawrence Wasden cast the lone dissenting vote; you can read Richert’s full post here.
Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.
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