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HomeMy WebLinkAboutWalker/McCall LLC (2) Southold Town Board - Letter Board Meeting of June 1, 2021 RESOLUTION 2021-462 Item# 5.39 ADOPTED DOC ID: 17073 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2021-462 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JUNE 1, 2021: WHEREAS, the Town Board of the Town of Southold held a public hearing on the question of the purchase of a development rights easement on a certain parcel of property owned by Walker/McCall, LLC and McCall Family Holdings Limited Partnership LLLP on the 1st day of June, 2021, at which time all interested parties were given the opportunity to be heard; and WHEREAS, said property is identified SCTM #1000-116.-1-10. The address is 21657 Main Road (NYS Route 25) in Cutchogue. The property is located in the Agricultural-Conservation (A-C) Zoning District and is situated on the southerly side of Main Road (NYS Route 25) approximately 1063 feet easterly from the intersection of Locust Avenue and Main Road (NYS Route 25); and WHEREAS, the proposed acquisition is for a development rights easement on a parcel consisting of approximately 7.78± acres (subject to survey). In conjunction with the purchase of the development rights easement, an adjacent parcel known as 21380 NYS Route 25, Cutchogue, NY and designated as SCTM #1000-109.-1-37 will be subject to a Declaration of Covenants & Restrictions, including a requirement that the parcel remain permanently attached to the farm. Upon closing, the Declaration of Covenants & Restrictions will be recorded simultaneously with the Development Rights Easement. The exact area of the acquisition is subject to a Town- provided survey acceptable to the Land Preservation Committee and the property owner; and WHEREAS, the easement will be acquired using Community Preservation Funds. The purchase price is $65,000.00 (sixty-five thousand dollars) per buildable acre, estimated at $505,700 (five hundred five thousand seven hundred dollars) for the 7.78± acre easement. Purchase price will be adjusted at time of closing based on final survey acreage determination, plus acquisition costs. The landowner has offered to sell the development rights to the Town at a purchase price below the fair market value indicated in the Town's commissioned appraisal and the landowner may be eligible to claim a bargain sale; and WHEREAS, the property is listed on the Town's Community Preservation Project Plan List of Eligible Parcels as property that should be preserved due to its agricultural value; and WHEREAS, the purchase of the development rights on this property is in conformance with the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, and Generated June 2, 2021 Page 58 Southold Town Board - Letter Board Meeting of June 1, 2021 WHEREAS, the proposed action has been reviewed pursuant to Chapter 268 (Waterfront Consistency Review) of the Town Code and Local Waterfront Revitalization Program ("LWRP") and the LWRP Coordinator has recommended that this action is consistent with the LWRP; and WHEREAS, the Land Preservation Committee has reviewed the application for the acquisition, and recommends that the Town Board acquire the development rights easement; and WHEREAS, the Town Board deems it in the best public interest that the Town of Southold purchase the development rights on this agricultural land; and, WHEREAS, the Town Board of the Town of Southold classifies this action as an Unlisted Action pursuant to the SEQRA Rules and Regulations, 6NYCRR 617.1 et. Seq.; and, WHEREAS, the Town of Southold is the only involved agency pursuant to SEQRA Rules and Regulations; and, WHEREAS, the Town Board of the Town of Southold accepted the Short Environmental Form for this project that is attached hereto; now, therefore, be it RESOLVED that the Town Board of the Town of Southold hereby finds no significant impact on the environment and declares a negative declaration pursuant to SEQRA Rules and Regulations for this action; and, be it further RESOLVED that the Town Board of the Town of Southold hereby elects to purchase a development rights easement on agricultural land owned by Walker/McCall, LLC and McCall Family Holdings Limited Partnership LLLP, identified as SCTM #1000-116.-1-10. The proposed action has been reviewed pursuant to Chapter 268 (Waterfront Consistency Review) of the Town Code and the LWRP and the Town Board has determined that this action is consistent with the LWRP. Elizabeth A. Neville Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Louisa P. Evans, Justice SECONDER:Robert Ghosio, Councilman AYES: Nappa, Dinizio Jr, Doherty, Ghosio, Evans, Russell Generated June 2, 2021 Page 59 SOUTHOLD TOWN BOARD PUBLIC HEARING June 1, 2021 4:30 PM Present: Supervisor Scott Russell Justice Louisa Evans Councilwoman Jill Doherty Councilman James Dinizio, Jr. Councilman Bob Ghosio, Jr. Councilwoman Sarah Nappa Town Clerk Elizabeth Neville Town Attorney William Duffy This hearing was opened at 4:57 PM COUNCILMAN GHOSIO: NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands) of the Town Code, the Town Board of the Town of Southold hereby sets-Tuesday, June 1, 2021, at 4:30 p.m., Southold Town Hall, 53095 Main Road, Southold,New York as the time and place for a public hearing for the purchase of a development rights easement on property owned by Walker/McCall, LLC and McCall Family Holdings Limited Partnership LLLP. Said property is identified as SCTM#1000-116.4-10. The address is 21657 Main Road (NYS Route 25) in Cutchogue. The property is located in the Agricultural-Conservation (A-C) Zoning District and is situated on the southerly side of Main Road (NYS Route 25) approximately 1063 feet easterly from the intersection of Locust Avenue and Main Road (NYS Route 25). The proposed acquisition is for a development rights easement on a parcel consisting of approximately 7.78± acres. In conjunction with the purchase of the development rights easement, an adjacent parcel known as 21380 NYS Route 25, Cutchogue,NY and designated as SCTM#1000-109.-1-37 will be subject to a Declaration of Covenants & Restrictions, including a requirement that the parcel remain permanently attached to the farm. Upon closing,the Declaration of Covenants & Restrictions will be recorded simultaneously with the Development Rights Easement. The exact area of the acquisition is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. Community Preservation Funds will be used to acquire the easement plus acquisition costs. The purchase price is $65,000.00 (sixty-five thousand dollars) per buildable acre, estimated at$505,700 (five hundred five thousand seven hundred dollars) for the 7.78± acre easement. Purchase price will be adjusted at time of closing based on final survey acreage determination, plus acquisition costs. The landowner has offered to sell the development rights to the Town at a purchase price below the fair market value indicated in the Town's commissioned appraisal and the landowner may be eligible to claim a bargain sale. DRE Public Hearing Walker/McCall June 1, 2021 page 2 The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value. I FURTHER NOTICE is hereby given that a more detailed description of the above mentioned parcel of land is on file in Land Preservation Department, Southold Town Hall Annex, 54375 Route 25, Southold,New York, and may be examined by any interested person during business hours. I do have a copy of the public notice and affidavit of publication in the Suffolk Times and on the Town Clerk's bulletin board. I have a letter from Melissa Spiro, the Land Preservation Coordinator: "As noted in the hearing notice,the 7.9 acre farm is located in Cutchogue. The town is purchasing development rights using Community Preservation Funds. The map shows the location of the property,the area of the development rights easement acquisition and the development area. Light green indicated the town PDR properties and dark green indicates county PDR properties. Further to the east, in blue, is town owned open space known as Down's Farm Preserve. The landowner, Russ McCall, is well known to the town as he has sold development rights,before and has helped to facilitate the preservation of other lands. The preserved farms to the east and west of the subject farm are owned by the McCall family. The subject farm is 7.8 acres, smaller than typical farmland development rights acquisitions, however, preservation of this farm connects 2 existing preserved farms and results in a block of just under 120 acres of preserved farmland. The Land Preservation Committee and the Town Board supported the project with a development area and as part of the acquisition, the separate tax parcel shown on the map as a development are will be restricted in a manner that requires it to always remain attached to preserved farmland. The landowner has offered the development rights to the town at a purchase price below that of the town's appraisal. The Committee and I would like to thank him for doing that and also to extend additional thanks for his past and most likely future participation in conservation efforts. The Land Preservation Committee supports this acquisition as presented and recommends that the Town Board proceed with this acquisition.' SUPERVISOR RUSSELL: Would anybody like to comment on this particular local law? (No response) This hearing was closed at 5:03 PM Elitzath A. Neville? Southold Town Clerk Y� FROM: Melissa Spiro, Land Preservation Coordinator FOR: June 1, 2021 Public Hearing for: WALKER/McCALL, LLC and McCALL FAMILY HOLDINGS LIMITED PARTNERSHIP LLLP I am unable to attend the June 11t public hearing. Please read the following into the record at the public hearing. (Melissa Mirabelli will share a map for the project on Zoom.) As noted in the hearing notice,the 7.8 acre farm is located in Cutchogue.The Town is purchasing the development rights using Community Preservation Funds. The map shows the location of the property,the area of the development rights easement acquisition and the development area. Light green indicates Town PDR properties and dark green indicates County PDR properties. Further to the east, in blue, is Town owned Open Space known as Down's Farm Preserve. The landowner, Russ McCall, is well known to the Town as he has sold development rights before and has helped to facilitate the preservation of other lands. The preserved farms to the east and west of the subject farm are owned by the McCall Family. The subject farm is 7.8 acres, smaller than typical farmland development right acquisitions; however preservation of this farm connects 2 existing preserved farms and results in a block of just under 120 acres of preserved farmland. The Land Preservation Committee and the Town Board supported the project with a development area, and as part of the acquisition,the separate tax parcel shown on the map as a Development Area will be restricted in a manner that requires it to always remain attached to preserved farmland. The landowner has offered the development rights to the Town at a purchase price below that of the Town's appraisal. The Committee and I would like to thank him for doing that, and also to extend additional thanks for his past, and most likely future, participation in conservation efforts. The Land Preservation Committee supports this acquisition as presented and recommends that the Town Board proceed with this acquisition. Walker/McCall: Location Map and Easement Area Map •��;�.`*�4��, `��'.Y�^�� "�,� �: �; sem', - t,,. ,G. ,�� �A� ,�, i � iG l'\t 'x �Y y' `•' _tea== ��~ €W `^ �'f �,3 t l 9 ", � Development '6 1 Area �, �'p q-�:; 'M, Ik `� •���,��i'� �� .��:, bu,; 11i 1 may" �� � ,; � .. � •,-' E Dev. Rights Easement � ai FROM: Melissa Spiro, Land Preservation Coordinator FOR: June 1, 2021 Public Hearing for: WALKER/McCALL, LLC and McCALL FAMILY HOLDINGS LIMITED PARTNERSHIP LLLP I am unable to attend the June 11t public hearing. Please read the following into the record at the public hearing. (Melissa Mirabelli will share a map for the project on Zoom.) As noted in the hearing notice,the 7.8 acre farm is located in Cutchogue. The Town is purchasing the development rights using Community Preservation Funds.The map shows the location of the property,the area of the development rights easement acquisition and the development area. Light green indicates Town PDR properties and dark green indicates County PDR properties. Further to the east, in blue, is Town owned Open Space known as Down's Farm Preserve. The landowner, Russ McCall, is well known to the Town as he has sold development rights before and has helped to facilitate the preservation of other lands. The preserved farms to the east and west of the subject farm are owned by the McCall Family. The subject farm is 7.8 acres, smaller than typical farmland development right acquisitions; however preservation of this farm connects 2 existing preserved farms and results in a block of just under 120 acres of preserved farmland. The Land Preservation Committee and the Town Board supported the project with a development area, and as part of the acquisition,the separate tax parcel shown on the map as a Development Area will be restricted in a manner that requires it to always remain attached to preserved farmland. The landowner has offered the development rights to the Town at a purchase price below that of the Town's appraisal. The Committee and I would like to thank him for doing that, and also to extend additional thanks for his past, and most likely future, participation in conservation efforts. The Land Preservation Committee supports this acquisition as presented and recommends that the Town Board proceed with this acquisition. Walker/McCall: Location Map and Easement Area Map rl,��:'n4a� pf• � �, •�,��a,� �� '�°�yA` „(2it.• ���r �� � �i�s� - �� -s}j....jt1• 1� t ,� *�{� �'���, :.� �;, ..l '�;�.,-gw' �,,.-°•f ;,�4 -,�'d _a_�e____=—=y�`r—=�=`�'� t i ,;� ' � � sig l r� , x7- 1s R �;� K Area ', p ,, � 2i;,tr, � dl',3�,-.'��� oA � S`4b';'�` '�Y.'.".d PF-15 TUN Dev. Rights Easement UW pi `✓pc+`1 + i' 31fd2592-de30-490b-albf-16ecbd83733e lynda.rudder@town.southold.ny.us AFFIDAVIT OF PUBLICATION The Suffolk Times State of New York, County of Suffolk, The undersigned is the authorized designee of Andrew Olsen,the publisher of The Suffolk Times,a Weekly Newspaper published in Suffolk County, New York. I certify that the public notice,a printed copy of which Is attached hereto,was printed and published in this newspaper on the following dates: May 27,2021 This newspaper has been designated by the County Clerk of Suffolk County,as a newspaper of record in this county,and as such,is eligible to publish such notices. Signature Eliot T.Putnam Printed Name Subscribed and sworn to before me, This 04 day of June 2021 Notary Sign ture STATE •• •'•.� :OF NEW 1'ORK '. NOTARYPUBLIC: N •• ALBANY O 'b Notary Public Stamp ; � OIRE6399443 Q �•••i,�SS,ON EV 0.111`0 14111910 SOUTHOLD TOWN BOARD 446 31fd2592-de30-490b-albf-16ecbd83733e lynda.rudder@town.southold.ny.us AFFIDAVIT OF PUBLICATION The Suffolk Times LEGAL NOTICENOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17(Community Preservation Fund)and Chapter 70(Agricultural Lands)of the Town Code,the Town Board of the Town of Southold hereby sets Tuesday,June 1,2021,at 4:30 p.m.,Southold Town Hall,53095 Main Road, Southold,New York as the time and place for a public hearing for the purchase of a development rights easement on property owned by Walker/McCall,LLC and McCall Family Holdings Limited Partnership LLLP.Said property Is identified as SCTM#1000-116.-l-10.The address is 21657 Main Road(NYS Route 25)In Cutchogue. The property is located in the Agricultural-Conservation(A-C)Zoning District and is situated on the southerly side of Main Road(NYS Route 25)approximately 1063 feet easterly from the intersection of Locust Avenue and Main Road(NYS Route 25).The proposed acquisition is for a development rights easement on a parcel consisting of approximately 7.78±acres.In conjunction with the purchase of the development rights easement,an adjacent parcel known as 21380 NYS Route 25,Cutchogue,NY and designated as SCTM#1000-109.-l-37 will be subject to a Declaration of Covenants&Restrictions,including a requirement that the parcel remain permanently attached to the farm. Upon closing,the Declaration of Covenants&Restrictions will be recorded simultaneously with the Development Rights Easement.The exact area of the acquisition Is subject to a Town- provided survey acceptable to the Land Preservation Committee and the property owner.Community Preservation Funds will be used to acquire the easement plus acquisition costs.The purchase price is$65,000.00 (sixty-five thousand dollars) per buildable acre,estimated at$505,700(five hundred five thousand seven hundred dollars)for the 7.78±acre easement.Purchase price will be adjusted at time of closing based on final survey acreage determination,plus acquisition costs.The landowner has offered to sell the development rights to the Town at a purchase price below the fair market value indicated in the Town's commissioned appraisal and the landowner may be eligible to claim a bargain sale.The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value.FURTHER NOTICE is hereby given that a more detailed description of the above mentioned parcel of land is on file in Land Preservation Department,Southold Town Hall Annex,54375 Route 25,Southold,New York,and may be examined by any interested person during business hours.Dated: May 18,2021BY THE ORDER OF THESOUTHOLD TOWN BOARDElizabeth A.NevilleSouthold Town Clerk SOUTHOLD TOWN BOARD 447 Reso 462-2021 PUBLIC HEARING ON A CQ UISITION OF DEVELOPMENT RIGHTS THE PURPOSE OF THIS HEARING THIS EVENING IS ON THE QUESTION OF THE PURCHASE OF A DEVELOPMENT RIGHTS EASEMENT ON A CERTAIN PARCEL OF PROPERTY OWNED BY WALKERIMCCALL, LLC AND MCCALL FAMILY HOLDINGS LIMITED PARTNERSHIP LLLP THE PROPERTY IS IDENTIFIED SCTM #1000-116.-1-10. AND IS LOCATED AT 21657 MAIN ROAD (NYS ROUTE 25) IN CUTCHOGUE. THE PROPERTY IS LOCATED IN THE AGRICULTURAL-CONSERVATION (A-C) ZONING DISTRICT AND IS SITUATED ON THE SOUTHERLY SIDE OF MAIN ROAD (NYS ROUTE 25). THE PROPOSED ACQUISITION IS FOR A DEVELOPMENT RIGHTS EASEMENT ON A PARCEL CONSISTING OF APPROXIMATELY 7.78± ACRES IN CONJUNCTION WITH THE PURCHASE OF THE DEVELOPMENT RIGHTS EASEMENT, AN ADJACENT PARCEL KNOWN AS 21380 NYS ROUTE 25, CUTCHOGUE,NY AND DESIGNATED AS SCTM#1000-109.-1-37 WILL BE SUBJECT TO A DECLARATION OF COVENANTS & RESTRICTIONS, INCLUDING A REQUIREMENT THAT THE PARCEL REMAIN PERMANENTLY ATTACHED TO THE FARM. THE EASEMENT WILL BE ACQUIRED USING COMMUNITY PRESERVATION FUNDS. THE PURCHASE PRICE IS $655000.00 (SIXTY- FIVE THOUSAND DOLLARS) PER BUILDABLE ACRE, ESTIMATED AT $5055700 (FIVE HUNDRED FIVE THOUSAND SEVEN HUNDRED DOLLARS). THE LANDOWNER HAS OFFERED TO SELL THE DEVELOPMENT RIGHTS TO THE TOWN AT A PURCHASE PRICE BELOW THE FAIR MARKET VALUE INDICATED IN THE TOWN'S COMMISSIONED APPRAISAL AND THE LANDOWNER MAY BE ELIGIBLE TO CLAIM A BARGAIN SALE. THE FULL TEXT OF THE RESOLUTION IS AVAILABLE IN THE TOWN CLERK'S OFFICE AND ON THE TOWN'S WEBSITE STATE OF NEW YORK) SS: COUNTY OF SUFFOLK) ELIZABETH A. NEVILLE,Town Clerk of the Town of Southold,New York being duly sworn, says that on the 24th day of May , 2021, a notice of which the annexed printed notice is a true copy was affixed, in a proper and substantial manner, in a most public place in the Town of Southold, Suffolk County,New York, to wit: Town Clerk's Bulletin Board, 53095 Main Road, Southold,New York and the Southold Town website, www.southoldtownny.gov . PH 6/14:30 pm McCall development rights Q izabeth A. Neville outhold Town Clerk Sworn before me this 241h day of May , 2021. Notary Public LYNDA M RUDDER notary Public, state of New York Mo.0IRU6020932 1,2Qualified in suff lv ch couinty 20—� Commission Expires LEGAL NOTICE acquisition costs. The purchase price is NOTICE OF PUBLIC HEARING $65,000.00 (sixty-five thousand dollars) per buildable acre, estimated at$505,700 NOTICE IS HEREBY GIVEN that (five hundred five thousand seven pursuant to the provisions of Chapter 17 hundred dollars) for the 7.78± acre (Community Preservation Fund) and easement. Purchase price will be adjusted Chapter 70 (Agricultural Lands) of the at time of closing based on final survey Town Code, the Town Board of the Town acreage determination, plus acquisition of Southold hereby sets Tuesday, June 1, costs. The landowner has offered to sell 2021, at 4:30 p.m., Southold Town Hall, the development rights to the Town at a 53095 Main Road, Southold,New York purchase price below the fair market as the time and place for a public hearing value indicated in the Town's for the purchase of a development rights commissioned appraisal and the easement on property owned by landowner may be eligible to claim a Walker/McCall, LLC and McCall Family bargain sale. Holdings Limited Partnership LLLP. Said property is identified as SCTM#1000- The property is listed on the Town's 116.4-10. The address is 21657 Main Community Preservation Project Plan as Road (NYS Route 25) in Cutchogue. The property that should be preserved due to property is located in the Agricultural- its agricultural value. Conservation(A-C) Zoning District and is situated on the southerly side of Main FURTHER NOTICE is hereby given that Road (NYS Route 25) approximately a more detailed description of the above 1063 feet easterly from the intersection of mentioned parcel of land is on file in Locust Avenue and Main Road (NYS Land Preservation Department, Southold Route 25). The proposed acquisition is Town Hall Annex, 54375 Route 25, for a development rights easement on a Southold,New York, and may be parcel consisting of approximately 7.78± examined by any interested person during acres. In conjunction with the purchase of business hours. the development rights easement, an adjacent parcel known as 21380 NYS Dated: May 18, 2021 Route 25, Cutchogue,NY and designated BY THE ORDER OF THE as SCTM#1000-109.4-37 will be SOUTHOLD TOWN BOARD subject to a Declaration of Covenants & Elizabeth A. Neville Restrictions, including a requirement that Southold Town Clerk the parcel remain permanently attached to the farm. Upon closing,the Declaration of Covenants &Restrictions will be recorded simultaneously with the Development Rights Easement. The exact area of the acquisition is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. Community Preservation Funds will be used to acquire the easement plus LEGAL NOTICE acquisition costs. The purchase price is NOTICE OF PUBLIC HEARING $65,000.00 (sixty-five thousand dollars) per buildable acre, estimated at $505,700 NOTICE IS HEREBY GIVEN that (five hundred five thousand seven pursuant to the provisions of Chapter 17 hundred dollars) for the 7.78± acre (Community Preservation Fund) and easement. Purchase price will be adjusted Chapter 70 (Agricultural Lands) of the at time of closing based on final survey Town Code, the Town Board of the Town acreage determination, plus acquisition of Southold hereby sets Tuesday, June 1, costs. The landowner has offered to sell 2021, at 4:30 p.m., Southold Town Hall, the development rights to the Town at a 53095 Main Road, Southold,New York purchase price below the fair market as the time and place for a public hearing value indicated in the Town's for the purchase of a development rights commissioned appraisal and the easement on property owned by landowner may be eligible to claim a Walker/McCall, LLC and McCall Family bargain sale. Holdings Limited Partnership LLLP. Said property is identified as SCTM#1000- The property is listed on the Town's 116.4-10. The address is 21657 Main Community Preservation Project Plan as Road(NYS Route 25) in Cutchogue. The property that should be preserved due to property is located in the Agricultural- its agricultural value. Conservation (A-C) 'Zoning District and is situated on the southerly side of Main FURTHER NOTICE is hereby given that Road (NYS Route 25) approximately a more detailed description of the above 1063 feet easterly from the intersection of mentioned parcel of land is on file in Locust Avenue and Main Road (NYS Land Preservation Department, Southold Route 25). The proposed acquisition is Town Hall Annex, 54375 Route 25, for a development rights easement on a Southold,New York, and may be parcel consisting of approximately 7.78± examined by any interested person during acres. In conjunction with the purchase of business hours. the development rights easement, an adjacent parcel known as 21380 NYS Dated: May 18, 2021 Route 25, Cutchogue,NY and designated BY THE ORDER OF THE as SCTM 41000-109.-1-37 will be SOUTHOLD TOWN BOARD subject to a Declaration of Covenants & Elizabeth A.Neville Restrictions, including a requirement that Southold Town Clerk the parcel remain permanently attached to the farm. Upon closing,the Declaration of Covenants &Restrictions will be recorded simultaneously with the Development Rights Easement. The exact area of the acquisition is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. Community Preservation Funds will be used to acquire the easement plus Southold Town Board - Letter Board Meeting of May 18, 2021 06* ell; RESOLUTION 2021-390 Item # 5.14 ADOPTED DOC ID: 17035 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2021-390 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON MAY 18, 2021: RESOLVED that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday, June 1, 2021, at 4:30 p.m., Southold Town Hall, 53095 Main Road, Southold, New York as the time and place for a public hearin14 for the purchase of a development rillhts easement on property owned by Walker/McCall, LLC and McCall Family Holdings Limited Partnership LLLP. Said property is identified as SCTM #1000- 116.4-10. The address is 21657 Main Road (NYS Route 25) in Cutchogue. The property is located in the Agricultural-Conservation (A-C) Zoning District and is situated on the southerly side of Main Road (NYS Route 25) approximately 1063 feet easterly from the intersection of Locust Avenue and Main Road (NYS Route 25). The proposed acquisition is for a development rights easement on a parcel consisting of approximately 7.78± acres. In conjunction with the purchase of the development rights easement, an adjacent parcel known as 21380 NYS Route 25, Cutchogue, NY and designated as SCTM #1000-109.-1-37 will be subject to a Declaration of Covenants & Restrictions, including a requirement that the parcel remain permanently attached to the farm. Upon closing, the Declaration of Covenants & Restrictions will be recorded simultaneously with the Development Rights Easement. The exact area of the acquisition is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. Community Preservation Funds will be used to acquire the easement plus acquisition costs. The purchase price is $65,000.00 (sixty-five thousand dollars) per buildable acre, estimated at $505,700 (five hundred five thousand seven hundred dollars) for the 7.78± acre easement. Purchase price will be adjusted at time of closing based on final survey acreage determination, plus acquisition costs. The landowner has offered to sell the development rights to the Town at a purchase price below the fair market value indicated in the Town's commissioned appraisal and the landowner may be eligible to claim a bargain sale. The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value. FURTHER NOTICE is hereby given that a more detailed description of the above mentioned parcel of land is on file in Land Preservation Department, Southold Town Hall Annex, 54375 Route 25, Southold, New York; and may be examined by any interested person during business hours. t Generated May 19, 2021 Paoe 29 Southold Town Board - Letter Board Meeting of May 18, 2021 Elizabeth A. Neville Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Robert Ghosio, Councilman SECONDER:Louisa P. Evans, Justice AYES: Sarah E. Nappa, Jill Doherty, Robert Ghosio, Louisa P. Evans ABSENT: James Dinizio Jr, Scott A. Russell Generated May 19, 2021 Page 30