LandsofAmerica.com - Land Resources / News / Doyon shareholders reject more time to comment on land swap
#1 in Land for Sale Online US Land & Ranches 2 Advertise | Member Login
Land ID Search
International Paper Timberland for Sale
Click Below to Find a Farm or Ranch for Sale
America
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Land for Sale
sort by
Most Popular
Most Expensive
Most Acreage

Land Resources / News / Doyon shareholders reject more time to comment on land swap
Doyon shareholders reject more time to comment on land swap (complete article from source)
Source: Daily News-Miner, by Christopher Eshleman
March 18, 2008

Doyon Ltd. shareholders rejected a resolution last week that had sought to ask the federal government for more time for public comment on a proposed land swap within the Yukon Flats National Wildlife Refuge, according to the corporation.

The proposed trade would give Doyon more than 100,000 acres of federal land — thought to be rich in oil and gas — in exchange for wetlands and property important to wildlife habitat within the Yukon Flats refuge.

Friday’s resolution, which emerged for a vote at the corporation’s annual meeting Friday in Fairbanks, aimed to ask the U.S. Fish and Wildlife Service to extend the 60-day comment period — which ends in one week — on the Environmental Impact Statement for the land swap. Doyon reported after the meeting that more than 90 percent of the votes were cast against the proposal, which soundly defeated the resolution.

The vote came one day after directors at Tanana Chiefs Conference voted to extend the comment period. TCC, a nonprofit, and for-profit Doyon, Limited, are Alaska Native organizations that cover the Interior Alaska region. Doyon Senior Vice President Aaron Schutt did not speculate on how the corporation should interpret shareholders’ motives in rejecting Friday’s resolution. He said the company follows the will of its shareholders and board of directors.

“It was a pretty overwhelming vote,” Schutt said.

The proposed land trade has caused concern from some Interior Alaska communities, which, proponents say, would benefit from a jump-start to rural economies. Others have urged the government to do more to make the 400-page EIS accessible to Alaska Natives, some of whom speak English as a second language.

The resolution had not been included in the set agenda for the corporation’s annual meeting Friday but was instead unexpectedly proposed from the floor by a shareholder, Schutt said. Meeting organizers then drafted the motion into a written measure and distributed it thorough ballots to those in attendance, who Schutt said represented 62 percent of the corporation’s stockholders.

“Something as important as this, we wanted to make sure we took the time to have ballots made and distributed” instead of simply holding a voice vote, he said.

The Fish and Wildlife Service already extended the comment period on the EIS from 45 to 60 days to give people extra time to weigh the pros and cons of the proposal, agency spokesman Bruce Woods said.

“We recognized that it’s a controversial and complicated deal,” he said.

The Fish and Wildlife Service’s Alaska regional director will decide whether the federal government will continue with the land exchange, according to the service. If the director signs the exchange agreement, it will be forwarded to Congress for further review, the agency has said.

The public can read the plan, and comment on it in writing or electronically, through March 25. It can be found online at yukonflatseis.ensr.com/yukon_flats/default2.html.



Click here for complete article from Daily News-Miner

Signup | Contact Us

View All Land, Farm, Ranch, and Waterfront Properties for Sale

Land for Sale | Alabama Land for Sale | Alaska Land for Sale | Arizona Land for Sale | Arkansas Land for Sale | California Land for Sale | Colorado Land for Sale | Florida Land for Sale | Georgia Land for Sale | Idaho Land for Sale | Illinois Land for Sale | Indiana Land for Sale | Iowa Land for Sale | Kansas Land for Sale | Kentucky Land for Sale | Louisiana Land for Sale | Massachusetts Land for Sale | Mississippi Land for Sale | Missouri Land for Sale | Montana Land for Sale | Nebraska Land for Sale | Nevada Land for Sale | New Mexico Land for Sale | New York Land for Sale | North Carolina Land for Sale | Ohio Land for Sale | Oklahoma Land for Sale | Oregon Land for Sale | South Carolina Land for Sale | Tennessee Land for Sale | Texas Land for Sale | Utah Land for Sale | Virginia Land for Sale | Washington Land for Sale | West Virginia Land for Sale | Wyoming Land for Sale

Powered by LandsofAmerica.com
COPYRIGHT © 2003-Current, All Rights Reserved
Terms of Use