DNR manages 2.9 million acres across Washington state as state trust lands – lands granted to the state, for the primary purpose of generating revenue for the trust beneficiaries (schools, colleges, public institutions, and counties). Over time, factors including, but not limited to, expanding residential development, parcel isolation, zoning and land use changes, or inability to generate revenue, make some of these state trust parcels less suitable for continued management. In these cases, the state properties may be sold, and revenues used to acquire more suitable replacement state lands.

Prior to selling the trust properties at auction, the state properties are transferred into the Land Bank for sale. This is done through a land bank exchange.

 

• Position targeted trust properties that are no longer suitable for trust management to be sold in 2024 at public auction.

• Facilitate the replacement of trust properties unable to serve their primary purpose of generating revenue for the trust, with properties better suited to meet that intent.

• Consolidate state trust lands to improve management efficiency and marketing options to produce trust revenue.

• Enhance the sustainability of working trust landscapes to provide for future generations.

• Reduce the number of isolated trust parcels that are less suitable for long-term trust management.

 

 

 

DNR will hold a future public hearing starting at 6 p.m. Tuesday, October 24, at the Trout Lake School, Room 132, 2310 Highway 141, Trout Lake, WA 98650. The purpose of this meeting is to share information and to receive information and testimony from the public. The written comment period for the submitted testimony will extend after the public hearing meeting and will conclude on November 8, 2023. 

Written testimony must be received by November 8, 2023. Please mail written testimony to: DNR, Cliffside Estates Inter-Trust Exchange #2, Attn: Bob Winslow, P.O. Box 47014, Olympia, WA 98504-7014, or email it to: exchanges@dnr.wa.gov.

 

DNR encourages written testimony from interested parties. Attendance at this meeting is not required to testify regarding this exchange, and written testimony is equivalent to in-person verbal testimony.

 

All prospective attendees are asked to stay home if they have a fever, cough, shortness of breath or difficulty breathing, loss of taste or smell, or exposure to someone with a confirmed case of COVID-19.

 

For more information about the proposal, contact Transactions Operations Manager Bob Winslow at 360-480-7803.