Splitboard.com Forums

The World's first exclusive splitboard discussion forums






It is currently Mon Jul 28, 2014 9:45 am

All times are UTC - 8 hours [ DST ]




Post new topic Reply to topic  [ 2 posts ] 
Author Message
 Post subject: Bill Authorizes Private Purchase of Federal Land
PostPosted: Sat Nov 19, 2005 9:31 pm 
Offline
User avatar

Joined: Tue Jul 12, 2005 5:12 pm
Posts: 1598
Location: Now Oaktowntastic
DENVER, Nov. 19 - Private companies and individuals would be able to buy large tracts of federal land, from sagebrush basins to high-peak hiking trails around the West, under the terms of the spending bill passed Friday by a two-vote margin in the House of Representatives.

On the surface, the bill reads like the mundane nip and tuck of federal mining law its authors say it is. But lawyers who have parsed its language say the real beneficiaries could be real estate developers, whose business has become a more potent economic engine in the West than mining.

Under the existing law, a mining claim is the vehicle that allows for the extraction of so-called hard-rock metals like gold or silver.

Under the House bill passed Friday, for the first time in the history of the 133-year-old mining law individuals or companies can file and expand claims even if the land at the heart of a claim has already been stripped of its minerals or could never support a profitable mine. The measure would also lift an 11-year moratorium on the passing of claims into full ownership.

The provisions have struck fear through the West, from the resort areas of the Rockies like Aspen and Vail here in Colorado, to Park City in Utah, which are all laced with old mining claims. Critics say it could open the door for developers to use the claims to assemble large land parcels for projects like houses, hotels, ski resorts, spas or retirement communities.


Top
 Profile  
 
 Post subject:
PostPosted: Sun Nov 20, 2005 7:43 am 
Offline

Joined: Fri Feb 25, 2005 12:58 pm
Posts: 90
Location: Littleton, CO
I'm in, where do I sign up? I want my piece o the west.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 2 posts ] 

All times are UTC - 8 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 14 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  





Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group