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Land Resources / News / South Dakota
Keystone pipeline firm buys Butte County land
Source: Rapid City Journal, by Milo Dailey Butte
A remote 160-acre plot of rolling rangeland in the far northeast corner of Butte County was bought at auction on Sept. 13 for $48,000 by representatives of the TransCanada Keystone XL Pipeline. September 17, 2011 The land had been taken over by the county in 1993. Since it lies in the route of the proposed pipeline from Canada to the Gulf of Mexico, the county decided to offer the land for sale to the pipeline company rather than negotiating an easement. The auction had a minimum bid of $300 per acre and TransCanada was the sole bidder.
Read the complete article from Rapid City Journal » |
