A grassroots group has upped the ante in the push to keep Wildwood forest out of private hands. The Ecoforestry Institute Society has offered The Land Conservancy $900,000 to buy Wildwood Ecoforest.
That represents a $300,000 increase from the group’s previous offer, and it’s $30,000 more than a rival offer from an undisclosed third party.
TLC acquired the property from the late Merv Wilkinson in 2000, to preserve it as a demonstration forest to showcase sustainable logging practices.
The Conservancy is responsible for protecting dozens of historic and ecological properties, but faced with $8 million in debt, it recently was given B.C. Supreme Court approval to sell 29 of those properties, conditional on their continued protection. But first, a clause must be stricken from TLC’s bylaws preventing land sales – something members recently voted down, but which the Supreme Court will consider Tuesday. The deadline for acceptance by TLC is Monday at 2 p.m.