Efforts underway in Squaw Valley to preserve land parcel

By  | 
View Map

SQUAW VALLEY, Calif. (KOLO) -- There are a lot of changes happening in Squaw Valley, but some people living there want to keep one thing as is.

Photo Courtesy: Peter Tye

The Truckee Donner Land Trust and Squaw Valley Public Service District are working on preserving roughly 30 acres of property in Squaw Valley.

The property sits at the corner of Squaw Valley Road and Squaw Creek Road, and has been owned by one of the valley's founding families, the Poulsen family, since 1942.

The property and the meadows are known for wildflowers each year, and a popular bike path running through the valley parallels the property, where many people enjoy the view.

"This is a once‐in‐a‐lifetime opportunity for the public to protect what is arguably one of the most valuable pieces of land in the valley," said Mike Geary, General Manager of the Squaw Valley Public Service District. "The Truckee Donner Land Trust is responsible for creating this opportunity on behalf of the public, and the District is enormously grateful."

Geary says the property is listed for $15 million, but they are working with the Poulsen family to set the final price and acquire it within a very shirt time frame.

But raising money to buy the property remains the biggest hurdle. Geary says the funds will be raised through private donations and a revenue measure voters will likely vote on in November of this year.

Geary says he hasn't heard of any opposition from the community, but he and others will address any concerns that come between now and November. The ballot language has to be submitted by July, so it can qualify for November's election.

For more information, click here.