A judge has dismissed a lawsuit that contested how the University of Wyoming and Colorado State University managed and planned to sell a ranch jointly owned by the universities' foundations. The attorney for the Denver woman who donated the ranch to the two universities said Thursday that Amy Davis would appeal to the Wyoming Supreme Court. The Y Cross Ranch covers 50,000 acres between Cheyenne and Laramie.
The University of Wyoming and Colorado State University want to sell jointly-owned ranch land in southeastern Wyoming to supplement agricultural endowments.
In 1997, the Courtenay C. and Lucy Patten Davis Foundation donated the 50-thousand-acre Y-Cross Ranch to the universities for hands-on agricultural education.
UW Foundation President Ben Blalock says the ranch has become more valuable over time, although the property is still being appraised.