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Commissioner Sets Two-Year Moratorium on Assembled Exchange of State Trust Lands

 

May 10, 2007

 

Commissioner Jarrod Johnson has announced a two-year moratorium on the assembled exchange of

South Dakota’s School & Public Lands.

 

“Before making any changes to the holdings of the Office of School & Public Lands, I just want to take

some time to ensure that whatever decisions I make are truly conducted in the best long-term interest of

South Dakota’s schools and endowed institutions,” said Commissioner Jarrod Johnson.

 

Under an assembled exchange program that took place from 1999 to 2006, the Office of School & Public Lands disposed of more than 75,000 acres of state trust lands, in turn acquiring approximately 28,500 acres. 

 

Elected in November of 2006, Commissioner Johnson is responsible for the management of South Dakota’s school and endowment lands, which encompass more than 760,000 acres of surface ground and 5.2 million acres of mineral rights.  All income generated by the Office is invested by the South Dakota Investment Council.  Each year, the interest is apportioned to the state’s public schools and universities. 

 

Johnson and his staff are currently analyzing past land exchange documents. 

 

Please see the documents below to review aquired and disposed property.

 

School & Public Lands Assembled Exchange Program Review - Diposed Property

 

School & Public Lands Assembled Exchange Program Review - Acquired Property