The Nature Conservancy is seeking $1,000,000 in Sierra Nevada Conservancy Proposition 84 funding to acquire a large portion of the Independence Creek watershed including Independence Lake. The Sierra Nevada Conservancy funds will be combined with the $14 million in other private and public funding to purchase the property. The Nature Conservancy and its partners will purchase fee title ownership of 2,325 acres of forestland around and independence Lake and Creek from Sierra Pacific Power Company. The land under the lake is a public trust asset. The 2,325 acre forest acquistion will protect the full extent of the lake's shoreline and approximately three quarters of a mile of Independence Creek.