A peak deal is in view for N.C. - it will pay $12 million to buy Grandfather Mountain
LINVILLE (Winston-Salem Journal) - North Carolina will buy Grandfather Mountain and its about 2,600 acres of backcountry wilderness, preserving one of the state's natural treasures.
Gov. Mike Easley and family members of the late Hugh Morton are expected to announce the purchase today.
The $12 million deal will not include state ownership of the 600-acre tourist attraction that includes the Mile High Swinging Bridge, the nature museum and animal habitat, but North Carolina will have a conservation easement on that land. The agreement ensures that the scenic attraction will continue and can't be developed for other use.
Gov. Mike Easley and family members of the late Hugh Morton are expected to announce the purchase today.
The $12 million deal will not include state ownership of the 600-acre tourist attraction that includes the Mile High Swinging Bridge, the nature museum and animal habitat, but North Carolina will have a conservation easement on that land. The agreement ensures that the scenic attraction will continue and can't be developed for other use.
posted by BP News Bureau | 1:47 PM
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