The Cache Open Space Advisory Committee convened on July 7, 2025, to discuss significant progress on the open space bond application and related funding efforts. The meeting focused on updates regarding the Elkhorn Ranch project, which has seen substantial financial backing and ongoing due diligence.
The committee reported that Cache County has awarded $1,250,000 in support of the open space bond application. In addition, the committee successfully secured $250,000 from the Lee Ray McAllister Working Farm and Ranch Fund. This funding, combined with the county's commitment, allowed the committee to pursue federal funding, which has now been approved. The federal commitment is approximately $2,000,000, covering nearly 48% of the total project cost.
During the meeting, members discussed the ongoing due diligence process, which includes title reports and environmental assessments. The committee is also drafting a conservation easement deed in collaboration with the landowner and various partners, including the Natural Resources Conservation Service (NRCS) and the Utah Department of Agriculture Fund (UDAF). The draft aims to meet the requirements of all parties involved while ensuring the preservation of open space, waterways, and wildlife habitats.
The committee emphasized the importance of finalizing the deed to move forward with the appraisal process. They acknowledged the complexity of the multiparty agreement and the need for thorough reviews by legal counsel to ensure compliance with all requirements.
As the meeting concluded, members expressed optimism about the project's trajectory and the collaborative efforts underway to secure the necessary approvals and funding. The next steps involve continued work on the conservation easement and preparing for the appraisal, with the goal of advancing the project in a timely manner.