BREAKING: Eastern Shoshone Tribe revealed as new owner of auctioned Honor Farm Land

(Riverton, Wyo.) - The 302 acres of surplus state land previously held by the Wyoming Honor Farm and sold at public auction in April was apparently purchased for the Eastern Shoshone Tribe, which issued a news release late today saying they are the new owners of the land. (see full copy of the news release below) The announcement was posted on the Tribe's Facebook site and has generated mostly positive comments from Tribal Members who have commented. Riverton Chamber of Commerce Manager Jim Davis said that the news "was the first I've heard of" ...the Tribe's ownership of the parcel. Other city officers were initially unavailable for comment. "The Tribe purchased the property as part of a long-term strategy to diversify our economy and investments," said ESBC Chairman Darwin St. Clair Jr., chairman. "The property is in a great location and should support a mix of commercial, residential and public uses. Ultimately development of the property will provide jobs, diversify the economy and help keep local dollars from going to places like Casper or Billings." The land was sold at auction for $1,672,000, an amount $10,000 higher than the appraised value. The minimum bid was offered by Riverton's IDEA, Inc., the city's economic development association in hopes that a developer would outbid them for the land and use it for retail and residential development. A developer from Idaho, Steve Wilson, was the only other bidder. The city said numerous times that it was eager to have the land developed, as it is surrounded on three sides by the Wind River Reservation and the Honor Farm property was key to the future development of the city. [image: Inline image 1] #county10 #news