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The
Little Traverse Conservancy has secured an option to purchase one of the
largest undeveloped blocks ofland remaining between Petoskey and Harbor
Springs. The 243 acres on Round Lake include a stream that forms the headwaters
of the Inland Waterway, a 40-mile navigable waterway that courses from
Round Lake through Crooked, Pickerel, Burt, and Mullet Lakes and into
Lake Huron in Cheboygan.
"This
is an exceptional opportunity for land protection in our region,"
said Tom Bailey, executive director for the Conservancy. "Not only
is the size
of the land impressive, but the land’s relationship to our local watersheds
is enormously important. What happens to this land will have a huge bearing
on many aspects of water quality in Emmet and Cheboygan counties."
Owned
by Fochtman Realty, the 243 acres includes a quarter mile of frontage
on Round Lake, shoreline that is used for feeding by a pair of nesting
loons. This portion of Round Lake frontage is the last undeveloped parcel
on the entire lake. The property also includes one-half mile of scenic
US-31 frontage. The inland portion of the property is largely wetland
and provides important breeding grounds for fish in Crooked Lake.
"This
property, with its undeveloped shoreline on Round Lake, mile of stream
frontage, and numerous acres of wetlands is truly a diverse landscape
from a wildlife standpoint," said Scott McEwen, Water Resource Program
Director for the Tip of the Mitt Watershed Council. "It is also a
critical part of the Inland Waterway’s water filtration system."
The
landowners agreed to sell to the Conservancy at a price below fair market
value. The acquisition will cost $1.625 million — which includes a purchase
price of $1.5 million and $125,000 in interest and expenses. Of the $1.625
million that needs to be raised, $1.1 million has been pledged, leaving
$525,000 yet to be raised.
Once
acquired, the property will be protected as a nature preserve with low-impact
uses permitted to protect the wildlife habitat. Loons, which nest on the
lake, are especially sensitive to disturbance and use the undeveloped
land for feeding grounds (see below).
"We
have owned this property since 1929," said Dave Fochtman. "The
Fochtman family wanted to show their appreciation to the community for
years of working together."
Please
call our office for more information.
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