News from Montana today is the agreement for the purchase and preservation of forest lands scattered in Southwest Montana that exceeds 500 square miles and is roughly one-third the size of Rhode Island. The Nature Conservancy and The Trust for Public Land are acquiring the land with its forest resources from Plum Creek Timber, a land and forestry baron of the Northwest based out of Seattle. A novel creative financing arrangement that involves the federal government will ensure these important lands will be protected from development and provide for better corridors for wildlife, particularly grizzly bears and wolves. It is expected land transactions of this kind will become more common with the unique new tax financing program that enabled this land preservation transaction in Montana to occur. Much of the land is near Missoula and northwest of Butte, as well as along the Idaho border west of Missoula and southeast of Libby.=
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