State Approves UWRF Land Swap
NOV. 20, 2006--The Wisconsin State Building Commission on Nov. 15 approved a land swap involving the Mann Valley Farm operated by UW-River Falls.
The commission action is the final formal step in the trade, which was approved by the UW System Board of Regents on Nov. 10.
The trade involves a single parcel of 99 acres held by the University for 187 acres owned by K&S Developers, Inc.
UWRF will gain acreage immediately adjacent to the west and northwest of the farm, which adjoins Country Road MM northwest of River Falls. K&S will receive acreage south of the county road, directly across from the existing laboratory farm.
Proposed plans by K&S include developing the acreage for rural residential purposes, possibly including an elementary school, retail services, a fire substation, parks and a playground, according to UWRF Campus Planner Dale Braun.
The university will use the newly obtained land for the College of Agriculture, Food and Environmental Sciences. According to Braun, a land assessment conducted by the college indicated it needed another 295 additional tillable acres beyond the 398 acres currently available.
The land swap will reduce the deficit by about 160 acres.
The trade is compatible with the land use planning goals of the Town of Troy, St. Croix County and the City of River Falls, said Braun. The land to be acquired by K&S can be served by municipal sewer and water services. The land to be gained by the University lies within the Town of Troy and is not eligible for city services.
According to Braun, no money was involved in the transaction. Appraisals conducted by the state and K&S show a fiscal advantage to the University of $557,500.
The land trade is expected to be finalized by Jan. 1.
Thursday, 22-Apr-2010 16:07:47 Central Daylight Time
University of Wisconsin - River Falls