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FPUD and Wildlands in escrow on Santa Margarita property

Sale will preserve one of county's top trail systems

The Fallbrook Public Utility District and The Wildlands Conservancy are in escrow over a sale agreement for the Fallbrook Public Utility District's Santa Margarita property.

A 4-1 FPUD board vote, April 30, with Charley Wolk opposed, approved the sale and purchase agreement along with escrow instructions, and the escrow agreement was executed June 8. If the sale is finalized, The Wildlands Conservancy would pay FPUD $10 million for the 1,384-acre property which was at one time planned for a dam along the Santa Margarita River.

"It's been a long effort with a lot of individuals involved to make...

 

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