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Mike Ingels

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$2M+ Awarded for Academy Preserve
« on: December 05, 2008, 11:46:03 AM »

My blog is acting up, but I just wanted to get this info out:

The Michigan Natural Resources Trust Fund has awarded $2,192,500 for land acquisition at the proposed Academy Preserve/Central Park.  The land is, essentially, the IHM grounds and Sister's Island.

Excerpt and link:

Monroe County, Academy Preserve Acquisition, $2,192,500. This project will acquire approximately 128 acres of open space in the City of Monroe with a portion of Frenchtown Township. The site includes an oak savannah, oak-hickory forest, lowland forest, farmland and a forested island in the River Raisin.

http://www.michigandnr.com/publications/pdfs/edopps/TFRecommendations.pdf
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Chips

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Re: $2M+ Awarded for Academy Preserve
« Reply #1 on: December 05, 2008, 02:50:09 PM »

Michigan Natural Resources Trust Fund Board Recommends
81 Projects and Acquisitions Totaling $48.5 Million

No wonder our State is broke! >:(
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Mike Ingels

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Re: $2M+ Awarded for Academy Preserve
« Reply #2 on: December 05, 2008, 04:01:01 PM »

Chips!

The Michigan Natural Resources Trust Fund was created by ballot initiative.  It dedicates a portion of oil and natural gas drilling fees from state properties to a fund.  That fund earns investment income and a portion is taken each year to improve parks and natural areas or purchase new ones.

Honestly, it's probably just about the best functioning portion of state government at the moment.

Wouldn't it have been great if we had created a state trust fund during the 80s and 90s instead of spending all of the tax revenue?  It certainly would have made things easier in recent years.
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