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Butch Otter

Idaho officials in the market for timberland, farmland

The Idaho Land Board voted Tuesday to get back to its roots of managing timberland and agricultural land.

The unanimous vote by the five-member board to adopt a new strategic reinvestment plan calls for using money from the sale of commercial real estate and residential cottage sites to buy resource-producing lands.

Specifically, the vote authorizes the Idaho Department of Lands to start a pipeline of potential purchases with what is expected to be $160 million.

Gov. C.L. "Butch" Otter said during the meeting he'd like to see the state use the money to buy 100,000 acres of timberland to push the state timberland total to a million acres.

"In...

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