TRUCKEE, Calif. (AP) — A lumber company has agreed to sell a large swath of High Sierra forest near Lake Tahoe to conservation groups.
The San Francisco Chronicle reports (http://bit.ly/1am4B7N ) that the deal reached Tuesday between Sierra Pacific Industries and a coalition of conservationists, developers and land owners will protect nearly 10 square miles of wilderness.
In exchange, the environmental groups agreed to support development of 760 housing units next to the Northstar-at-Tahoe Resort.
Under the deal, Sierra Pacific agrees to give up development rights and sell the northern part of its holdings to conservationists.
The saved area includes the Martis Valley and a mountaintop overlooking Lake Tahoe.
The site abuts the Martis Creek Lake National Recreation Area and parts of Tahoe National Forest, and together creates a nearly 80-square-mile area of preserved wilderness.
Information from: San Francisco Chronicle, http://www.sfgate.com
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