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Registered On - 20/06/2022 Last Seen On - 30/11/-0001

Dayton Hyde, former eastern Oregon rancher and current guardian of feral horses in South Dakota, combines a unquenchable thirst for nature with a fiery entrepreneurial spirit.He believes that one can profit from the earth while profiting it as well.Hyde also restored wetlands in 25 percent of his pasturelands, previously drained to create hay fields.According to Hyde, the combination of wetlands and lake improved the productivity of his ranch in a number of ways.It provided warmer irrigation water that moderated the local climate, thereby reducing the incidence of frost damage to crops.It attracted more song birds that helped control grasshopper damage.It improved the productivity of his pastureland so that beef production doubled on the acres devoted to grazing.The rest of Hyde’s story explains this.He invested in wildlife projects amounting to $200,000 partly because he was committed to enhancing the land’s natural amenities, partly because he could increase the land’s productivity, and partly because he figured that the amenity values would increase the marketability of his land should he want to sell it.In fact, he entertained the idea of eventually subdividing part of his land and selling smaller parcels to people seeking retirement or second homespeople who enjoyed wildlife and were willing to live by Hyde’s rules.By carefully selecting areas to minimize disturbance to wildlife and by placing protective covenants on the land, Hyde felt that he could capitalize on what he had created and still protect it.Hyde tried to implement his plan a few years later, but by that time any hope of developing the land and recouping part of the wildlife investments had been wiped out.In 1973, Oregon adopted a new land use law that prevented the conversion of ’prime’ agricultural land to other uses.Lawyers advised Hyde that the rules were so strict that it would be foolhardy even to try subdividing.He considered selling to a developer who might fight the zoning battle but decided not to because the court upli_Master">costs and legal fees would substantially reduce the amount he would net on the land.He knew that if regulators found out about these rare species on his ranch they could use the Endangered Species Act to control his land use and hence his property value.Hyde notes, ’Ranchers don’t have a lot to play with when it comes to making a profit.Take some of their assets or prevent them from using some of their assets, and they can easily go broke.’ Ironically, though Hyde wanted to show federal biologists what could be done to produce more wildlife on a working cattle ranch, he must have had concerns about possible regulations.Would Dayton Hyde have chosen to make the habitat improvements if he had anticipated these regulatory constraints?The answer is probably yes, because he is committed to good stewardship and because the investments did increase other productivity on his ranch.According to Hyde, the organization brings both good news and bad news.The good news is that most landowners are more than willing to do more for wildlife.The bad news is that under the current regulatory environment many are afraid to try, fearing the wrath of regulators.In other words, for anyone enhancing the natural environment with the expectation of later marketing the improvements, the government’s message is let the seller beware.Other success stories tell how landowners have used innovative contracts to preserve and capitalize on environmental amenities.Moreover, open space and wildlife habitat can be preserved through ’private regulations’ in the form of protective covenants, a tool used increasingly by entrepreneurs in the land trust movement.Hilton Head Island lies off the coast of South Carolina, thirty miles north of Savannah, Georgia, and ninety miles south of Charleston, South Carolina.Natural amenities abound on this subtropical island.The interior is heavily forested with a wide variety of trees and shrubs, including live and water oaks, black gums, bay trees, and southern magnolias.The sound side has salt marshes and a network of creeks, lagoons, and wetlands.Hilton Head has a rich history.Beginning in the 1700s, the English employed a plantation system of agriculture, raising indigo, rice, and cotton through the 1850s.During the Civil War, the Union used it as a military base, when it already had two newspapers, hotels, a theater, and a hospital.Following the Civil War, Hilton Head reverted to its agricultural traditions until 1956 when a bridge to the island was completed.Fraser was the developer who pioneered environmentally sensitive development on the Hilton Head, beginning with Sea Pines Plantation.As owner of 40 percent of the island, Fraser’s epression_at_work">vision was to set aside nature preserves alongside carefully planned development that would maintain property values for island residents.His approach was all the more amazing because it occurred before the 1970s rise of environmental consciousness.Fraser understood the importance of legal contracts in preserving the natural and resort environment.He used protective covenants to safeguard his contributions to the island’s private nature preserve system and other natural areas within [url=


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