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Sunday, October 20, 2019  Spokane, Washington  Est. May 19, 1883
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Eye On Boise

State auctions off 32 Payette Lake cabin sites, all current leaseholders who bid were successful

Here’s a news item from the Associated Press: BOISE, Idaho (AP) — The Idaho Department of Lands has auctioned off 32 more lots at Payette Lake in northern Idaho as it continues its plan to divest itself of the lucrative but difficult-to-manage assets. The agency says the auction Saturday in Boise generated $13.5 million for education and State Hospital South, a psychiatric inpatient treatment facility for adults and adolescents. The agency says 29 incumbent lease holders submitted winning bids. Only one lot had competitive bidding and that sold for $8,000 above the appraised value. Three unleased lots were auctioned for about $2.1 million, about $73,000 above the appraised value; three other unleased, vacant lots didn’t attract any bids. The state has now sold 127 cottage site lots at Priest Lake and Payette Lake, about a fourth of the lots to be sold.

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Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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