Title
Resolution to Approve Participation Agreement with Ann Arbor Township and Washtenaw County Parks and Recreation for the Purchase of Development Rights on the Novick Property in Ann Arbor Township, and Appropriate Funds, Not to Exceed $20,000.00 from the Open Space and Parkland Preservation Millage Proceeds (8 Votes Required)
Memorandum
Attached for your review and action is a resolution to approve a Participation Agreement with Ann Arbor Township and Washtenaw County Parks and Recreation for the purchase of development rights on the property owned by Jack and Kerry Novick in Ann Arbor Township. The Novicks applied to the Ann Arbor Township Land Preservation program and the Township has been the lead agency in the negotiations with the landowner. Ann Arbor Township will be responsible for monitoring the conservation easement.
Ann Arbor Township commissioned an appraisal to be completed in July 2014. The Fair Market Value was determined to be $60,000.00 for the Purchase of Development Rights. The parcel is approximately 11 acres and is adjacent to active farmland. The adjacent landowner has expressed an interest in leasing the land for pasture of his livestock. The Township and Washtenaw County has received additional applications from nearby landowners.
Approval of the Participation Agreement and appropriation of funds for the purchase of development rights was recommended by the Greenbelt Advisory Commission at their November 6, 2014 meeting.
The resolution also approves an appropriation of funds for 33 1/3rd % of the purchase price for the conservation easement, or a total contribution not to exceed $20,000 from the Open Space and Parkland Preservation Millage Proceeds. Washtenaw County will also contribute $20,000 or 33 1/3rd % of the purchase price.
Attachment: Location Map
Staff
Prepared by: Ginny Trocchio, The Conservation Fund
Reviewed by: Sumedh Bahl, Community Services Area Administrator
Approved by: Steven D. Power...
Click here for full text