Governor Matt Mead applauded the U.S. Department of the Interior and the National Park Service for finalizing the purchase of an 86-acre parcel of state land. This is the second sale of state land inside Grand Teton National Park and is part of an agreement made in 2010.
Mead says the best possible outcome was for this portion of land was to become part of the national park. The Wyoming Permanent Land Fund will see $16 million fill its coffers as a result of the purchase. These funds can be used to purchase other land for the state.
The Wyoming constitution states that the State Board of Land Commissioners must use state trust lands to realize the largest possible proceeds for Wyoming schools.