Tuesday, October 02, 2007

PALCO Submits Plan to Sell/Subdivide Timberlands

--- The Pacific Lumber Company has submitted a plan to the Federal Bankruptcy Court that calls for selling a large part of their holdings and subdividing 22,000 acres into 160 acre parcels. The new development will be called "Redwood Ranch". The plan was on the front pages of today's SF Chronicle and Eureka Reporter. A discussion of the project can be found on the Humboldt Herald blog. The Alliance for Sustainable Jobs and the Environment has posted the entire plan at their site.

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