Title
Resolution to Approve Participation in the Purchase of a Conservation Easement on the Amaizin Pop LLC Property in Webster Township, Approve a Participation Agreement with Legacy Land Conservancy, and Appropriate $75,000.00 (8 Votes Required)
Memorandum
This resolution approves a participation agreement with Legacy Land Conservancy for the purchase of a conservation easement on a 17-acre property owned by Amaizin Pop LLC in Webster Township. The resolution also approves an appropriation of funds not to exceed $75,000.00 (53.5% of purchase price) from Open Space and Parkland Preservation Millage proceeds for the purchase.
The landowners applied to Legacy Land Conservancy for a conservation easement and Legacy has been the lead agency in the negotiations with the landowners. Legacy commissioned an appraisal, completed in April 2023, that determined the fair market value of a conservation easement on the property to be $140,000.00. Legacy Land Conservancy is the lead agency and will be the holder of the conservation easement. They applied for and received a USDA grant that will cover the remaining 46.5% of the purchase price. Legacy will also cover due diligence and closing costs.
Amaizin Pop LLC Property, Webster Township
The property is approximately 17 acres and is located in Section 27 of Webster Township on the corner of Farrell Road and Zeeb Road. It is owned by the business Amaizin Pop LLC. The property has a woodlot smaller than 1 acre and is otherwise actively farmed for popcorn, sold locally. There is a farmstead on the property that will be covered by a building envelope. The property is adjacent to the Greenbelt's 180.644-acre Cares conservation easement and Webster Township's Smyth easement, both purchased with funds from the Open Space and Parkland Preservation Millage, plus the in-progress Cares II easement property to which Council committed funds on January 9, 2023 (R-23-004). These easements share borders with seven additional easements,...
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