By Rick Nelson
Wah. Co. Eagle 

Town's timber harvest producing revenue

 

September 11, 2014



The Town of Cathlamet will add over $100,000 to its revenues this year with the harvest of timber.

In 2013, with timber prices at high levels, the town contracted with forester Bill Olsen to harvest 93 acres in three units of town timberland on Bradley Mountain. The timber was previously harvested in the 1960s.

The first 33 acre unit has been logged, but with a decline in timber prices, the town may hold off on logging the second and third units to see what the market does, town Treasurer/Clerk Tina Schubert said this week.

So far, the logging has yielded $170,208.55, Schubert said. Total expenditures to date are $24,840.

The town council hasn't yet decided how the money will be used. Schubert said some possibilities include:

--Setting aside $125,000 to cover the two-year contract with Olsen;

--Setting aside funds to cover logging road remediation; Schubert said the town hasn't yet been invoiced for the road work needed to access the units;

--Council members have expressed an interest in reducing the town's debt load, and

--The town is replacing its aging computers at an estimated cost of $50,000.

Schubert said any remaining revenue would be placed in the Timber Reserve Fund, and the council could decide how to disperse that revenue.

 

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