Posts tagged: state endowment lands
“My logging experience back in 1996 was an expensive lesson in the school of hard knocks,” Hart said in a statement. “I was mistaken to have done what I did and will never make that mistake again. And just this past week, I have learned more about this case that I did not understand at the time. In order to clear up any question as to whether or not this timber was paid for, today I sent a check for the timber’s fair market value to the Idaho State Public School Permanent Endowment Fund. And since today’s fair market value is only one half of what it was back in 1996, the amount of the check was based on the 1996 value”/Betsy Russell, Eye On Boise. More here.
Question: What do you make of this development?