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Tuesday, February 21, 2012

To uphold the federal governments’ commitment to rural and federally forested communities in western Oregon the O&C TRUST, CONSERVATION, AND JOBS ACT provides:

  • Forested counties in western Oregon with a sustainable and more predictable level of revenues in perpetuity to support basic county government services like law enforcement, education, health, and transportation.
  • Turns around nearly two decades of gridlock on federal forests that will help timber dependent counties in Western Oregon improve their economic and financial outlooks.
  • Estimated to create thousands of new jobs in rural communities throughout Oregon and will reduce unacceptably high unemployment levels in the State.
  • Moves counties away from an uncertain future of federal payments to a long-tern solution that meets the federal government’s obligation to federally forested communities while bringing jobs back to our communities and health back to our federal forests.
  • Ensures legal certainty by establishing a fiduciary trust for the O&C Counties and ensures strong O&C county representation on the Board of Trustees to guarantee the Board’s fiduciary obligation to the 18 O&C Counties.
  • Sets a fair standard for the federal government by requiring the Board of Trustees to provide a return from the O&C Trust lands to the American taxpayer and U.S. Treasury.
  • Establishes a temporary federal loan to aid O&C Counties during transition to payments from the O&C Trust.

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