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PENTICTON – The initial round of projects for the new regional district’s South Okanagan Conservation Fund have been selected.
Seven regionally significant environmental projects totalling more than $400,000 will be presented to Regional District of Okanagan Similkameen’s board of directors at the Jan. 4 regular meeting for board approval.
Two projects involve land purchases, including a $200,000 contribution to The Nature Trust of B.C.’s Park Rill Creek infill project, and $57,755 towards the purchase of up to 2.29 hectares of lowland and wetland habitats on locatee lands on the Penticton Indian Reserve, to be controlled by the band’s En’owkin Centre.
The amount requested for the Park Rill property equals roughly 21 per cent of the property’s value, appraised at $960,000.
Other projects selected by the conservation fund’s Technical Advisory Committee include:
The South Okanagan Conservation Fund was established in 2016 to provide local financial support for environmental projects that will contribute to the conservation of the South Okanagan’s natural assets. This year’s selected projects come from this year’s first intake of applications for the new fund, which is expected to generate $500,000 annually, through an average regional district taxpayers’ contribution of $10, based on an assessed property value of $343,000.
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