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#05-235 November 7, 2005

Conservation Bank Awards $8.25 Million To Protect 4,095 Acres In South Carolina

At its Oct. 20 meeting, the S.C. Conservation Bank Board approved $8.25 million to fund conservation easements and fee simple purchases, protecting 4,095 acres of land for agriculture, wildlife habitat, recreation, education and other conservation projects.

Members of the S.C. Conservation Bank Board identified the approved projects as significant lands that, if conserved, would improve the quality of life in South Carolina, provide enhanced public access and protect valuable wildlife habitat and agricultural lands. More information on the S.C. Conservation Bank is available on the Web at http://SCCBank.SC.Gov or call (803) 734-3986 in Columbia.

"Funding approved by the Conservation Bank Board totaled $8.25 million and adds another 4,095 acres, bringing the total number of acres conserved by the Bank to 33,077," said Marvin Davant, S.C. Conservation Bank executive director. "The board funded 17 proposals in 13 counties, located in every area of the state. The protection of this diversity of ecosystems represents a partnership between government and a large number of private entities."

Projects approved by the Conservation Bank Board include:

The S.C. Conservation Bank is funded through a portion of the state documentary stamp tax. The Conservation Bank has operated its administration this fiscal year entirely from interest income from these funds reserving all of its stamp revenues for land conservation.

The S.C. Conservation Bank Board meets twice a year to consider proposals. The next meeting of the Board is scheduled for June 20, 2006, in Columbia. Application deadlines are March 31 and July 31 of each year.

More information on the S.C. Conservation Bank is available on the Web at http://SCCBank.SC.Gov or call (803) 734-3986 in Columbia.

- Written by G. Michael Willis -