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<br />......., .~ <br />UUll2.1() <br /> <br /> <br />. <br />STATE OF COLORADO <br /> <br /> <br />BOARD OF LAND COMMISSIONERS <br />1 J 13 Sherman SI., Room 620 <br />Denver, Colorado 80203 <br />Phone (303)866-3454 <br />FAX (303) 866-3152 <br /> <br />Comml~~ioner~ <br /> <br />For immediate release: <br />Ian, 19, 1994 <br /> <br />Media contact: <br />Max Vezzani, 303/866-3454 <br /> <br />lUCY BLACK CREIGHTON <br />ROBERT R, MAllANDER <br />IOHN S, WilKES III <br /> <br />Land Board Names Lessee for Chico Basin Ranch <br /> <br />Denver--The Colorado State Board of Land Commissioners has named a lessee for its 86,000- <br /> <br />acre Chico Basin Ranch in Pueblo and EI Paso counties. The Chico Basin Ranch Management <br /> <br />) <br />! <br /> <br />Co, will take over management of the property March 1. <br /> <br /> <br />The principals in the management company are ~ Fillmore, Boone, Colorado; Jerry <br /> <br /> <br />Sullivan, Ordway, Colorado; and Dr. Sandy McCulloch, Colorado Springs. All three men <br /> <br />~ <br /> <br />currently have ranching interests in the immediate vicinity of the Chico Basin property. The <br />company was chosen from among six finalists as the result of a Request for Proposal (RFP) <br />process that involved review of 16 proposals and interviews with six final candidates, <br />All proposals were evaluated against five goals, which were listed in the RFP: <br />. an annual cash return to the Land Board's trust beneficiaries of 4 percent of the <br />ranch's appraised value ($5,042,000) from agricultural activities on the land; <br />. excellent stewardship that will result in a biologically diverse ecosystem and <br /> <br />sustainable agriculture, as well as other natural resource programs on the ranch; <br /> <br />. ideas for educational use of the property to demonstrate stewardship techniques and <br /> <br />values and land practices on the high-plains grasslands, riparian areas and wetlands found <br /> <br />within the ranch's boundaries; <br /> <br />. involvement of diverse interests and opportunities for revenue-generating activities <br /> <br />other than livestock production; and <br />