[AT] Dealing with landlords when needing rented land

[Carl Szabelski]

Not sure, never actually looked into all the in and outs of the program
since I never had the minimum acreage. It’s essentially a contract between
the land owner, the utility, and the state. I would guess that after 100
years the owner can do whatever they want with the trees and land. I would
think that the value of 100 year growth trees would be a big incentive to
keep the trees and harvest them, even as an investment should the land have
to be sold.

There are some cities here in Michigan that plant trees on large city owned
tracts, and when mature, sell the lumber. Meanwhile, the cites use the land
for hiking, snowmobiling, etc., attacking tourism and revenue. You can tell
that that’s what been done because the trees are in nice straight rows
wherever you look.

Carl

On Wednesday, May 18, 2022, Howard Pletcher <hrpletch at gmail.com> wrote:

> Carl,
>
> What happens if the land has to be withdrawn for the land bank program for
> some reason. perhaps like the government wants for a major project?  I
> presume there would be some sizable penalty.  Or can it only be sold to
> someone who will keep it in the bank after you move away or die which
> obviously will greatly affect the value of the land.  After the 100 years,
> is it open to development?
>
> Howard
>
>
> On Wed, May 18, 2022 at 9:16 AM Carl Szabelski <c.s.szabelski at gmail.com>
> wrote:
>
>> In Michigan, we can put land into essentially a land bank by agreeing to
>> plant the land with trees under a program with the state and local utility.
>> The land has to remain untouched for a hundred years. It’s an effort to
>> slow development and keep utility needs from growing out of hand.
>>
>> Carl
>>
>>
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