Title
Resolution to Approve Grant Applications to the USDA Farm and Ranch Land Protection Program (FRPP) for the Purchase of Development Rights (PDR) on the Various Properties in Lodi, Webster and Superior Townships (8 Votes Required)
Memorandum
Attached for your review and action is a resolution to approve the USDA Farm and Ranch Land Protection Program (FRPP) applications for the purchase of development rights (PDR) for various properties located in Lodi, Webster and Superior Townships.
Grant Applications:
Applications to the USDA FRPP program are for funds up to 50% of the appraised fair market value of the development rights to a maximum of $5,000 per acre. Completed applications must be submitted by March 9, 2011. It is anticipated that a request for approvals of grants, if awarded, will be presented to City Council in June 2012.
The Greenbelt Advisory Commission recommended submission of the grant applications at its December 14, 2011 and January 5, 2012 meetings.
The attached resolution also approves Voluntary Agreement for the Sale of Agricultural Land Development Rights for the farms.
The Voluntary Agreement for the sale of the development rights (pending offer) is contingent on the following:
a. Establishment of a fair market price for the development rights to be determined by an appraisal and approved by the City and USDA FRPP.
b. Conveyance of good and marketable title to the development rights by Farmland Development Rights Easement.
c. Acceptable environmental site assessment of property.
d. Acceptance of the Farmland Development Rights Easement by Ann Arbor City Council and the Farm and Ranch Lands Protection Program.
An appraisal will be completed and if awarded grant funds, a complete budget, along with purchase agreement will be submitted to Council for review and action.
Conservation Easement:
The easement is made pursuant to section 36111 b of the Natural Resources and Environmental Protection Act (MCL 324.3611Ib; MSA 13A.361...
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