SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) February 12, 2014
Pope Resources, A Delaware Limited Partnership
(Exact name of registrant as specified in its charter)
|
Delaware (State or other jurisdiction of incorporation or organization) |
91-1313292 (I.R.S. Employer Identification No.) |
| 19950 Seventh Avenue NE, Poulsbo, Washington | 98370 |
| (Address of principal executive offices) | (ZIP Code) |
Registrant's telephone number, including area code (360) 697-6626
NOT APPLICABLE
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (SEE General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act |
| (17 CFR 230.425) | |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| (17 CFR 240.14a-12) | |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange |
| Act (17 CFR 240.14d-(b)) | |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange |
| Act (17 CFR 240.13e-4(c)) |
INFORMATION TO BE INCLUDED IN THE REPORT
| Item 8.01 | OTHER EVENTS |
On February 12, 2014 the Partnership issued a press release announcing a $4.6 million sale of 535 acres of forestland and 1.5 miles of shoreline along Port Gamble Bay and State Route 104 in northern Kitsap County, Washington. A copy of that press release is attached hereto as Exhibit 99.1.
| Item 9.01. | FINANCIAL STATEMENTS AND EXHIBITS |
| Exhibit No. | Description |
| 99.1 | Press release of the registrant dated February 12, 2014. |
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| POPE RESOURCES, A DELAWARE LIMITED PARTNERSHIP | |
| DATE: February 12, 2014 | BY: /s/ Thomas M. Ringo |
| Thomas M. Ringo | |
| Vice President and Chief Financial Officer, Pope Resources, A Delaware Limited Partnership, and Pope MGP, Inc., General Partner |
Pope Resources Announces $4.6 Million Conservation Land Sale
POULSBO, Wash., Feb. 12, 2014 /PRNewswire/ -- Pope Resources (Nasdaq:POPE) announced a $4.6 million conservation land sale to Forterra that is comprised of 535 acres of forestland and 1.5 miles of shoreline along Port Gamble Bay and State Route 104 in northern Kitsap County, Washington.
The sale represents a significant milestone for the 6,700-acre conservation goal of the Kitsap Forest & Bay Project, a long-term coordinated effort between Pope Resources, the Suquamish and Port Gamble S'Klallam tribes, Kitsap County, the Great Peninsula Conservancy, and the many members of the Kitsap Forest & Bay Coalition.
Forterra, a Seattle-based conservation organization, acquired the land with grants from a variety of state and federal sources. Ownership of the forestland has been assigned to Kitsap County and the tidelands to the State of Washington's Department of Natural Resources for long-term stewardship and management.
"This land sale that preserves forests, beaches and trails for future generations is the culmination of nearly a decade of efforts by the local community," said David L. Nunes, President and CEO. "We are pleased to have played a role in creating this win-win outcome with additional help from our neighboring landowners and government agency representatives at the county, state and federal levels."
About Pope Resources
Pope Resources, a publicly traded limited partnership and its subsidiaries Olympic Resource Management and Olympic Property Group, own or manage 204,000 acres of timberland and development property in Washington, Oregon, and California. We also manage, co-invest in, and consolidate three private equity timber funds, for which we earn management fees. These funds provide an efficient means of investing our own capital in Pacific Northwest timberland while earning fees from managing the funds for third-party investors. The company and its predecessor companies have owned and managed timberlands and development properties for over 160 years. Additional information on the company can be found at www.poperesources.com. The contents of our website are not incorporated into this release or into our filings with the Securities and Exchange Commission.
CONTACT: Tom Ringo, VP & CFO, 360.697.6626, Fax 360.697.1156