Red Hook WatchIndependent Community Resource

APPROVING A CONSERVATION EASEMENT FOR THE PURCHASE OF DEVELOPMENT RIGHTS OF AGRA-GATE FARM, LLC.

Activeformal_resolutionongoingThe Board approved a conservation easement for the 124-acre Agra-Gate Farm property with a total Town cost of approximately $419,900 for the purchase of development rights plus $6,968.50 in closing costs, representing a 50/50 cost-share with Scenic Hudson based on 75% of fair market value.
First seen
2008-06-25
Latest event
2008-06-25
adopted
Expires

Resolution text

RESOLVED

  1. Approve the resolution for the conservation easement for the purchase of development rights of Agra-Gate Farm, LLC. with the understanding that the total cost to the Town will be close to $419,900 for the PDR with an additional $6,968.50 for the estimated additional cost to the Town for this parcel.

Lifecycle (1 event)

2008-06-25adoptedvote: 4-0
Approve a conservation easement for the purchase of development rights of Agra-Gate Farm, LLC.
moved by Ross · seconded by Strawinski
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Resolved
  1. Approve the resolution for the conservation easement for the purchase of development rights of Agra-Gate Farm, LLC. with the understanding that the total cost to the Town will be close to $419,900 for the PDR with an additional $6,968.50 for the estimated additional cost to the Town for this parcel.
Subject key: northern_red_hook_farmland_assemblage