State Land Board To Meet Feb. 4 In Salem -01/28/20
SALEM, Ore. – An annual report on Oregon’s unclaimed property will be presented to the State Land Board during its Feb. 4 meeting in Salem.
Nearly $70 million was reported to the state as unclaimed property by banks, utilities and other businesses between July 2018 and June 2019. The state’s Unclaimed Property Program helps rightful owners claim funds with an easy-to-search website at www.oregon.gov/DSL/money. More than 124,000 assets were claimed between July 2018 and June 2019. Until claimed, funds are held in trust in the Common School Fund, earning interest and benefitting Oregon’s K-12 public schools.
Other agenda items include a summary of the annual Common School Fund audit; an overview of Department of State Lands Aquatic Resource Management Program fees; and an annual report from the Oregon Department of Forestry on Common School forest lands.
The Board will also consider selling the subsurface mineral and geothermal rights for 34 acres in Tillamook County to the North Coast Land Conservancy. The surface property is currently being purchased by the conservancy. Please note: this item has been removed from the Feb. 4 agenda.
The meeting will be held:
Tuesday, Feb. 4
10 a.m.
Department of State Lands
Land Board Room
775 Summer St. NE, Salem
The full meeting agenda and materials are available here: https://www.oregon.gov/dsl/Board/Pages/SLBmeetings.aspx
To live stream the meeting, go to the State Lands YouTube channel:
https://www.youtube.com/channel/UCQA7FHTWwl-gjJkQeYPJ1IA
This meeting will be held in a facility that is accessible for persons with disabilities. If you need assistance to participate in the meeting due to a disability, please notify Arin Smith at 503-986-5224 or arin.n.smith@state.or.us at least two working days prior to the meeting.
Visitors are not permitted to bring backpacks, bags, or large purses into the Department of State Lands building prior to, during, or following Land Board meetings. Purses, medical bags, and diaper bags are permitted, but may be subject to inspection by the Oregon State Police.
About the State Land Board and the Department of State Lands: The State Land Board consists of Governor Kate Brown, Secretary of State Bev Clarno and State Treasurer Tobias Read. The Department of State Lands administers diverse natural and fiscal resources. Many of the resources generate revenue for the Common School Fund, such as state-owned rangelands and timberlands, waterway leases, estates for which no will or heirs exist, and unclaimed property. Twice a year, the agency distributes fund investment earnings to support K-12 public schools. The agency also administers Oregon’s Removal-Fill Law, which requires people removing or filling certain amounts of material in waters of the state to obtain a permit.