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Texada Island trees net $19.4 million in sale

Monticola Forestry continues management of more than 6,000 acres of woodlands
texada sale
LAND BASE: A real estate deal completed last month involved almost one per cent of Texada Island’s total land base. Contributed graphic

Management for more than 6,000 acres of private forest land on Texada Island involved in a recent $19.4-million land deal will not change due to the sale.

Texada Island Forest Reserve owned the land near Gillies Bay for several decades and hired Monticola Forestry in 1990 to manage and implement a long-term, forest-management plan for the property, said Monticola co-owner Maureen Muenter.

"We can say that the management of the property will continue in the fashion it has in the past,” said Muenter. “I don't think anyone will notice any difference.”

Kootenay-based Selkirk Mountain Forest purchased the 6,327 acres, just under one per cent of Texada’s total land mass, for $19,379,000 on September 15.

The land is broken up over seven parcels, but one of the largest surrounds Gillies Bay and is located directly adjacent to Texada Island Airport. It includes three-quarters of private Cranby Lake and other smaller parcels to the north, east and south of the town.

The land also includes five fully serviced, vacant building lots in Gillies Bay and property where the Ravenous Raven Lodge and Restaurant is located.

Powell River Regional District Electoral Area D director Sandy McCormick said she felt the purchase was “good news” for the island, particularly if Selkirk Mountain Forest is willing to follow the same forestry practices as the previous owner.

"Texada Island Forest Reserve set a high standard for logging practices on Texada in stewarding the land for the long term,” said McCormick.

Muenter confirmed that Selkirk will have a similar approach to managing its newly acquired trees. She added that while signs on the road will change to reflect new ownership, the community can expect the impacts of forestry management and the company’s interactions with islanders “to continue in the same spirit.”

According to the prospectus for the sale, Texada Island Forest Reserve’s focus had been on selective harvesting and thinning to improve the quality and mix of trees in the forest, about 60 per cent of which is coastal Douglas fir.

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