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The Wyoming Office of State Lands and Investments formally recommended auctioning a parcel of state land inside Grand Teton National Park to the highest bidder—at a starting bid that is $18 million higher than the parcel's appraised value.
The state land office recommendation would set a minimum bid of $80 million for the Kelly Parcel, despite widespread public condemnation of a sale that could lead to multi-million dollar trophy homes within the national park.
Jason Crowder, deputy director of the land office, said the recommendation for a sale above the the appraised value came out of the office's duty to raise money for Wyoming schools, but that it provided thousands of pages of public comments opposed to the sale to the Board of Land Commissioners, which will meet this Thursday to decide whether to move ahead with the auction.
“They have the responsibility to pull the two together,” Crowder told the Jackson Hole News & Guide. “We have to give them what we see as the greatest fiduciary benefit to the beneficiaries. But they get to take those public comments as well and maybe think a little bit broader.”
The Thursday meeting is scheduled to start at 8:00 am in Cheyenne and is expected to run all day. The land board is comprised of Wyoming Governor Mark Gordon, along with the state auditor, treasurer, secretary of state, and school superintendent.
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