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$8M deal to save old-growth redwood grove

BOULDER CREEK, Calif. (AP) -- There's an $8 million deal to sell a Santa Cruz Mountains redwood grove to a conservation group.

The 214 acres in Boulder Creek is believed to be the third-largest old-growth redwood forest in the mountains about 70 miles south of San Francisco.

The trees are 1,000 to 2,000 years old.

Members of the Save the Redwoods League are buying the land to prevent development and timber harvesting.

But there's a problem.

The San Francisco Chronicle (http://bit.ly/UP45ai ) says the conservation group needs to raise the $2 million down payment by the end of the year or the deal is dead. The rest of the purchase price would have to be paid in a year.

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Information from: San Francisco Chronicle, http://www.sfgate.com

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