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Annual Post-Auction Sales Intended To Aid COSL, Property Buyers

Annual Post-Auction Sales Intended To Aid COSL, Property Buyers
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State land commissioner says the office is nearing her goal for renewable energy development

A solar array at Nellis Air Force Base. Wikicommons When Stephanie Garcia Richard took the office of State Land Commissioner following the 2018 elections, she had the goal of tripling renewable energy development on state lands. “We are very rapidly closing in on that goal two years later,” Garcia Richard told NM Political Report. There were 453 megawatts of renewable energy when she took office. That has more than doubled in the past couple of years and the State Land Office has inked deals for even more future projects. Angie Poss, a spokesperson for the State Land Office, said 466 megawatts have been added since Garcia Richard took office and, with the upcoming projects, the office will definitely get to the goal of tripling renewable energy on state trust land.

State land auctions remain on hold

There is no word yet on when property auctions conducted annually by Arkansas’ Commissioner of State Lands Office will resume. According to the agency’s website, the 2021 auctions have been canceled through June 30 due to the ongoing pandemic. Earlier, auctions were canceled in 2020, as well. The office’s director of public affairs tells Arkansas Business these two years in total represent about 28,000 parcels statewide that would have been sold at auction. While the Commissioner of State Lands Office does not have tax amounts available for the 28,000 parcels, the director of public affairs says in 2019 about 1,300 parcels were sold representing over $1.2 million in taxes.

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