In a recent letter to the U.S. Department of Interior, Governor Dave Freudenthal outlined an agreement for the acquisition of state lands located within Grand Teton National Park. Freudenthal wrote to Assistant Secretary for Fish and Wildlife and Parks, Tom Strickland, and said the Statement of Principles from Interior represents significant progress.
Calling Strickland’s proposal “thoughtfully designed to allow the Wyoming Board of Land Commissioners to discharge its fiduciary obligations by realizing a fair value for the state trust parcels,” it suggests a purchase price of $107 million, pending review and approval by the State of Wyoming.
The proposal is for a phased acquisition of the state trust land, by specified deadlines and in an order determined by the Land Board. The tentative agreement gives the DOI the exclusive right to acquire the land. The Wyoming Legislature must give the Land Board the right to transfer the parcels to the Interior Department.