The state agency wants the dirt to protect existing wildlife and the area's water supply. But the district won't go through with the deal unless Volusia County, where the land is located, shares the $1.5 million purchase cost ($1,078 per acre) with a $750,000 contribution.

Elected Volusia officials vote on the request March 7. The county's money would come from Volusia Forever, a voter-approved property tax specifically designated for land conservation acquisitions. The 1,391 acres are needed to complete the 36,000-acre Volusia Conservation Corridor that runs from Tiger Bay State Forest south to the Brevard and Seminole county borders.

Volusia County staffers working on the deal tell GlobeSt.com on condition of anonymity the commissioners will vote for the acquisition.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.