Map shows land purchased in Mountain Home.
FORT HALL — The Fort Hall Business Council authorized the purchase of 157 acres of prime commercial development land in Mountain Home but they haven’t made a decision on the use of the land.
A Tribal Public Affairs press release said there is initial planning to determine the best economic use of the land.
Reasons for the purchase include: the location is within 30 minutes of the state capitol and a large population base; the city of Mountain Home has an Opportunity Zone delegation that makes further economic development opportunities available to the Tribes; the Mountain Home Air Force Base affords 8(a) contracting companies available.
The press release said an environmental site assessment was completed on the site to help determine the feasibility of construction prior to purchase of the land.
Chairman Ladd Edmo said they’re pleased with the land purchase and they believe it a wise economic investment. “The property is closely located to the main exit and it has good access from a main artery road in Mountain Home.”
He said they pursued the investment just like any other they make as a Tribe including bonds or stocks. “Any economic gain from this long term investment will be funneled into the operations of the Tribes which benefits all tribal members,” he continued. He said it’s a low risk investment with potential high returns.
Tribal members are encouraged to attend district meetings for further information. Bannock Creek is February 26, Fort Hall is February 24, Gibson is February 18, Lincoln Creek is February 19 and Ross Fork is February 20.