State to fund purchase of key parcels for East Malibu Canyon--Cold Creek High Trail
Consideration and possible Conservancy authorization to disburse up to $573,000 to the Mountains Restoration Trust to acquire undeveloped property in the Cold Creek watershed of the Santa Monica Mountains for habitat and open space preservation and compatible public access as a component of Cold Creek Preserve, Los Angeles County.
Total cost for the 78 acres is $2.5 million; the owner is the well-known speculator Tyron Sisson, who has sold other properties to the park services over the years in the Santa Monica Mountains.
The task for raising the purchase price and managing the land was handled by the Mountains Restoration Trust, http://mountainstrust.org
To see a photo tour of this addition to the park system: