Arch Cape Watershed Acquisition Plan: Business Case Assumptions
01/
Estimated Purchase
Price = $5.35M
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Estimate based on comparable coastal timberland sale from Lincoln County
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Includes 3% contingency ($176K)
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Price reduced for EFM deferred work statement ($326K)
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Parcel purchase in two blocks: Block I 2021 and Block II in 2023
(see map below) -
Final purchase price will not be determined until after property appraisal is completed.
02/
Funding Sources
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Forest Legacy Program Grants ($3.5M)
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Clatsop County ($250K)
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State and Private Grants and Donations ($200K)
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DEQ ”Green” Loan ($1.39M with $500K forgivable)
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ACWD levy ($ 0.40/$1,000
assessed value for roughly $68K per year for 10 years) -
Timber revenues
03/
Forest Management Operations
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Harvest Guidelines: 50% to 80% harvest of available trees under current Oregon Forest Practice Act (OFPA). Forecast utilizes 50-year rotation.
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Initial harvest: Block I in 2022; Block II in 2024
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Road maintenance in 2022
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Timber stand improvements (old and young) in 2024
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No contingency included
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No escalation in costs/inflation included
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No non-timber harvest revenues or costs included
