Title
Resolution to Approve a Participation Agreement With Pittsfield Township for the Purchase of Development Rights On 82-Acres of the Walter Hilton Trust Property and to Approve a Match Share up to $576,000.00 from the Open Space and Parkland Preservation Bond Proceeds and to Purchase 52 Acres in Fee Title for $1,092,000.00 from the Solid Waste Enterprise Fund (8 Votes Required)
Memorandum
Attached for your review and action is a resolution to support collaboration with Pittsfield Charter Township for the purchase of the Walter Hilton Trust Property in Pittsfield Township. The parcel is located at the intersection of Morgan and Platt Roads. The entire property is a total of approximately 155 acres in size. The site has 2 houses located on the property, each with a few farm buildings.
Solid Waste is interested in purchasing fee title to 52 acres of the property, which are adjacent to the current compost site. These 52 acres will provide access for a potential new drop off station, buffer to the current compost site and provide room for future expansion of the compost operation.
Pittsfield Township has received grants from the Farm and Ranchland Protection Program (FRPP), and the State of Michigan Agricultural Preservation Board, which can be used toward a portion of the purchase of development Rights. The FRPP grant is in the amount of $350,000.00 and the State PDR grant is in the amount of $255,000.00 for a total of $605,000.00 in grant dollars. Pittsfield Township has also pledged a total of $295,000.00 toward the Purchase of Development Rights on the property.
At the January 9, 2008 Greenbelt Advisory Commission meeting, the Commission approved a recommendation to Council to partner with the Pittsfield Township for the purchase of the parcel and recommended to provide up to $597,500.00 in matching funds.
The property is located between 2 properties already protected by the Township: Lillie Park and the Pittsfield Preserve.
The purchase price ...
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