The Mayor and Council approved the expenditure of $1.9 million from the 2001 Foothills serial levy fund to purchase seven parcels from Boise Foothills LLC (formerly known as DBSI Boise Foothills LLC), a consortium of 51 individuals. The deal for the property closed in May.
“This exciting new acquisition will permanently preserve and protect an area that is enormously popular with hikers and mountain bikers,” said Mayor Bieter. “We are pleased with the opportunity to enhance the health of our community and to continue expanding the great legacy of the Foothills open space levy.”
The event will include brief remarks from the Mayor and other stakeholders. Light refreshments will be served. To get to the event, turn north from Hill Road onto 24th Street. Take 24th up the hill to the intersection of Spring Mountain Drive. Limited street parking will be available, but the public is encouraged to walk or bike to the event if possible.
The City will begin a public process in the fall 2013 to gather feedback about trails, plants, wildlife, soil erosion and other resource issues.
By leveraging the serial levy and other sources of funding, the City has protected 10,763 acres of land through acquisition, donation, conservation easement, or land exchange. This latest purchase will leave approximately $1.8 million remaining in the levy fund, which the City will use to continue its focus on the protection of critical wildlife habitat, riparian corridors, rare plants, historic sites, and development of potential trail connections. To date, $13.4 million dollars from the Levy Fund have been spent to protect these lands that represent a market value of $37.4 million.