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Home My WebLink AboutZIP Peconic Wells LLCOFFICE LOCATION: MELISSA A. SPIRO Town Hall Annex LAND PRESERVATION COORDINATOR 54375 State Route 25 (corner of Main Rd & Youngs Ave) melissa.spiro@town.southold.ny.us Southold, New York Telephone (631) 765-5711 Facsimile (631) 765-6640 MAILING ADDRESS: P.O. Box 1179 Southold, NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Supervisor Russell Tax Assessors Town Board Building Department Town Clerk Data Processing Land Preservation Committee Town Comptroller Town Attorney Stewardship Managers Planning Board Peconic Land Trust, Inc. Suffolk County Division of Real Estate The Nature Conservancy From: Melissa Spiro, Land Preservation Coordinator Date: August 13, 2010 Re:ZIP PECONIC WELLS, LLC to TOWN OF SOUTHOLD Part of SCTM #1000-86.-1-10.9 Please be advised that the Town has acquired a development rights easement on the agricultural property listed below. If you would like additional information regarding the purchase, please feel free to contact me. LOCATION: 2350 Wells Road, Peconic SCTM #: part of 1000-86.-1-10.9 PROPERTY OWNER: ZIP Peconic Wells, LLC PURCHASE DATE: Tuesday, August 3, 2010 PURCHASE PRICE: $2,410,535.80 (based on 29.0426 buildable acres @ $83,000/buildable acre) EASEMENT ACREAGE: 29.0246 acres ZONING: R-80 FUNDING: CPF 2% Land Bank (bonded funds) and partial reimbursement ($990,000 anticipated) from a USDA-NRCS awarded FRPP grant MISCELLANEOUS: This property is listed on the Community Preservation Project Plan list. It is across the street from, and borders on the west to Town PDR lands. The easement area is planted in sod. To protect the scenic view shed, an Agricultural Structure Area of one acre was designated within the Easement Area. In addition, lot coverage within the designated area was limited to 2%. This project was part of a Conservation Subdivision. SOUTHOLD TOWN BOARD PUBLIC HEARING July 29, 2008 4:50 PM Present: Supervisor Scott Russell Justice Louisa Evans Councilman Thomas Wickham Councilman Albert Krupski Councilman Vincent Orlando Absent: Councilman William Ruland This hearing was called to order at 5:54 PM COUNCILMAN WICKHAM: NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday, July 29, 2008, at 4:50 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 ZIP Peconic Wells, LLC. Said property is identified as part of SCTM #1000-86-1-10.9. The address is 2350 Wells Road, Peconic, New York. The property is located at the southwest corner of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement consisting of approximately 30± acres (subject to survey) on the 32.83± acre parcel. The exact area of the purchase is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. The purchase price is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs. The easement will be acquired using Community Preservation Funds. The Town may be eligible for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price. The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value; and 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 have in the file a short environmental assessment form, duly filed and signed and a notice that this public hearing has been duly printed as a legal in the local newspaper and it also has appeared on the Town Clerk's bulletin board out here in the hallway. ZIP Peconic Wells DRE Public Hearing 2 July 29, 2008 SUPERVISOR RUSSELL: Would anybody like to come up and address the Town Board on this acquisition? State your name, please. MELISSA SPIRO, LAND PRESERVATION COORDINATOR: Once again, Melissa Spiro, Land Preservation Coordinator. As noted, this hearing is for the Town's purchase of an easement on approximately 30 acres of a 32.8 acre farm. The farm had been leased and is leased for sod and it has been that for quite a while. It is currently planted in buckwheat, which I heard was mowed today. The landowner is reserving approximately three acres from the easement. The reserved area is located off Wells Avenue on the south side of the property. You can see it on the aerial map with the little white dots. The landowner intends to go before the Planning Board to obtain an approval for a conservation subdivision for two residential lots within that reserved area. The farm includes both agricultural and scenic values and it contains a significant amount of road frontage on both Main Road and Wells Avenue. The Committee worked with the landowner in order to preserve the scenic view shed in addition to preserving the property tbr agricultural purposes. The landowner has agreed to limit any future agricultural structures to one of two areas, either within a one acre area on the northwest side of the property or within a one acre area on the southeast side of the property on Wells Avenue. Agricultural structures will be in these areas, in either one of these areas, will additionally be limited to lot coverage of no greater than two percent of the entire easement area. The farm is made up of prime ag soils and it is adjacent to 37 acres of land which is already protected with a Town development rights easement. The preservation of this property will extend that block of farmland to the east. The property acquisition will be funded from the Community Preservation Fund and as mentioned, the Town may be eligible for a grant from the federal government or the farm and ranchland protection program. That would account for 50% of the purchase price. The Committee and I both support the project and as usual, we thank the landowner for allowing us to proceed with this. COUNCILMAN WICKHAM: Do we know who the landowner is? MS. SPIRO: The landowner's name is Lloyd Zuckerberg. That may be where the Z comes from, I am not sure. It is in an LLC. SUPERVISOR RUSSELL: Would anybody like to address the Town Board on this acquisition? (No response) Okay, let's close the hearing. This hearing was closed at 5:58 PM eville Southold Town Clerk ZIP Peconic Wells DRE Public Hearing 3 July 29, 2008 This hearing was closed at 5:58 PM Southold Town Clerk Southold Town Board - Letter Board Meeting of July 29, 2008 RESOLUTION 2008-750 ADOPTED Item # DOC ID: 4052 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2008-750 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JULY 29, 2008: 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 ZIP Peconic Wells, LLC on the 29th day of July, 2008, pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, at which time all interested parties were given the opportunity to be heard; and WHEREAS, said property is identified as part of SCTM #1000-86-1-10.9. The address is 2350 Wells Road, Peconic, New York, and is located at the southwest corner of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district; and WHEREAS, the proposed acquisition is for a development rights easement on a part of the property consisting of approximately 30:t: acres (subject to survey) of the 32.83:t: acre parcel. The exact area of the development rights easement is subject to a survey acceptable to the Land Preservation Committee and the property owner; and WHEREAS, the purchase price for the easement is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs. The easement will be acquired using Community Preservation Funds. The Town may be eligible for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price; and WHEREAS, the property is listed on the Town's Community Preservation Project Plan 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 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 to the Town Board 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 Generated July 30, 2008 Page 69 Southold Town Board - Letter Board Meeting of July 29, 2008 WHEREAS, the Town Board deems it in the best public interest that the Town of Southold purchase the development rights on this agricultural land; now, therefore, be it RESOLVED that the Town Board of the Town of Southold hereby elects to purchase a development rights easement on agricultural land owned by ZIP Peconic Wells, LLC pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Code of the Town of Southold. Said property is identified as part of SCTM #1000-86-l-10.9. The address is 2350 Wells Road, Peconic, New York, and is located at the southwest corner of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement on a part of the property consisting of approximately 30± acres (subject to survey) of the 32.83± parcel. The exact area of the development rights easement is subject to a survey acceptable to the Land Preservation Committee and the property owner. The purchase price for the easement is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs. The easement will be acquired using Community Preservation Funds. The Town may be eligible for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price. Town funding for this purchase is in conformance with the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code of the Town of Southold. The proposed action has been reviewed pursuant to Chapter 268 (Waterfront Consistency Review) of the Town Code and the Local Waterfront Revitalization Program (LWRP) and the Town Board hereby determines that this action is consistent with the LWRP. Elizabeth A. Neville Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Louisa P. Evans, Justice SECONDER: Albert KrupskiJr.,ThomasH. Wickham AYES: Orlando, Krupski Jr., Wickham, Evans, Russell ABSENT: William Ruland Generated July 30, 2008 Page 70 Southold To~vn Board - Letter Board Meeting of July 29, 2008 RESOLUTION 2008-745 ADOPTED Item # DOC ID: 4051 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2008-745 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JULY 29, 2008: WHEREAS, the Town Board of the Town of Southold wishes to purchase a development rights easement on part of a certain parcel of property owned by ZIP Peconic Wells, LLC pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands) of the Code of the Town of Southold. Said property is identified as part of SCTM #1000- 86-1-10.9. The address is 2350 Wells Road, Peconic, New York, and is located at the southwest comer of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement on a part of the property consisting of approximately 304- acres (subject to survey) of the 32.834- acre parcel. The exact area of the development rights easement is subject to a survey acceptable to the Land Preservation Committee and the property owner. The purchase price for the easement is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs; now, be it RESOLVED by the Town Board of the Town of Southold that this action be classified as an Unlisted Action pursuant to the SEQRA Rules and Regulations, 6NYCRR 617.1 et. Seq.; be it further RESOLVED by the Town Board of the Town of Southold that the Town of Southold is the only involved agency pursuant to SEQRA Rules and Regulations; be it further RESOLVED by the Town Board of the Town of Southold that the Short Environmental Form prepared for this project is accepted and attached hereto; and, be it further 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. Elizabeth A. Neville Southoid Town Clerk RESULT: ADOPTED [UNAN'rMous] MOVER: Louisa P. Evans, 3ustice SECONDER: Thomas H. Wickham, Councilman AYES: Orlando, Krupski Jr., Wickham, Evans, Russell ABSENT: William Ruland Generated July 30, 2008 Page 51 #8930 STATE OF NEW YORK) ) SS: COUNTY OF SUFFOLK) Karen Kine of Mattituck, in said county, being duly sworn, says that she is Principal Clerk of THE SUFFOLK TIMES, a weekly newspaper, published at Mattituck, in the Town of Southold, County of Suffolk and State of New York, and that the Notice of which the annexed is a printed copy, has been regularly published in said Newspaper once each week for 1 week(s), successively, commencing on the 24th day of July, 2008. /.~~ .,~ 7~ Principal Clerk Sworn to before me this 2OO8 LEGAL NOTICE NOllCE OF PUBLlC It~ARING NOIICE IS iI~REISY GiVgN that pursuant to the provisions of Chapter 17 (Commumty Preservation Fund) and Chapter 70 (Agricultural Lands Pres- ervatior,) of the Town Code, the Town Board of the Town of Southold hereby Town Clerk The Suffolk Times Page 8928-1T 7/24 LEGAL NOTICE NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday, July 29, 2008, at 4:50 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 ZIP Peconic Wells, LLC. Said property is identified as part of SCTM #1000-86-1-10.9. The address is 2350 Wells Road, Peconic, New York. The property is located at the southwest corner of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement consisting of approximately 30',+ acres (subject to survey) on the 32.83",+ acre parcel. The exact area of the purchase is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. The purchase price is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs, The easement will be acquired using Community Preservation Funds. The Town may be eligible.for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price. The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value; and 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: July 15, 2008 BY ORDER OF THE TOWN BOARD OF THE TOWN OF SOUTHOLD Elizabeth Neville Town Clerk 8930-1T 7/24 617.20 Appendix C State Environmental Quality Review SHORT ENVIRONMENTAL ASSESSMENT FORM For UNLISTED ACTIONS Only PART I - PROJECT INFORMATION (To be completed by A~3plicant or Project Sponsor) 1. APPLICANT/SPONSOR 2. PROJECT NAME 3. PROJECT LOCATION: Municipality ~~"O ~'~..~ County 4. PRECISE LOCATION (Street address and road intersections, prominent landmarks, etc., or provide map) §. PROPOSED ACTION IS: ~DNew [] Expansion [] Modification/alteration 6. DESCRIBE PROJECT BRIEFLY: 7. AMOUNT OF LAND AFFECTED: _ ~,~- Initially ~ acres Ultimately~ acres 8. WILL PROPOSED ACTION COMPLY WITH EXISTING ZONING OR OTHER EXISTING LAND USE RESTRICTIONS? [] Yes [] No If No, describe briefly 9. WHAT IS PRESENT LAND USE N V C NITY OF PROJECT'~ [] Residential [] Industria, [~ Commercial '~ Agriculture [] Park/Forest/Open Space [] Other Desccibe: 10. DOES ACTION INVOLVE A PERMIT APPROVAL OR FUNDING, NOW OR ULTIMATELY FROM ANY OTHER GOVERNMENTAL AGENCY (FEDERAL, STATE OR LOCAL)? [] Yes [] No If Yes, list agency(s) name and permit/approvals: 11. DOES ANY ASPECT OF THE ACTION HAVE A CURRENTLY VAL D PERMIT OR APPROVAL? [] Yes [~ NO If Yes, list agency(s) name and permit/approvals: 12. AS A RESULT QF PROPOSED ACTION WILL EXISTING PERMIT/APPROVAL REQU RE MODIFICATION? []Yes [~DNo I CERTIFY THAT THE INFORMATION PROVIDED ALCOVE IS TRUE TO THE BEST OF My KNOWLEDGE / ~ If the action is in the Coastal Area, and you are a state agency, complete the Coastal Assessment Form before proceeding with this assessment I OVER PART II - IMPACT ASSESSMENT (To be completed by Lead Agency) A. DOES ACTION EXCEED ANY TYPE THRESHOLD N 6 NYCRR, PART 617.47 If yes, coordinate the review process and use the FULL EAF. B. WILL ACTION RECEIVE COORDINATED REVIEW AS PROVIDED FOR UNLISTED ACTIONS IN 6 NYCRR, PART 617.67 If No, a negative declaration may be superseded by another involved agency, r-]Yes r~No C. COULD ACTION RESULT IN ANY ADVERSE EFFECTS ASSOCIATED WITH THE FOLLOWING: (Answers may be handwdtten, if legible) C1, Existing air quality, surface or groundwater quality or quantity, noise levels, existing traffic pattern, solid waste production or disposal, potential for erosion, drainage or flooding problems? Explain briefly: C2. Aesthetic. agricultural, arcbaeologicaL historic, or other natural or cultural resources; or community or neighborhood character? Explain briefly: C3. Vegetation or fauna, fish, shellfish or wildlife species, significant habitats, or threatened or endangered species? Explain bdefiy: C4. A community's o×isting plates or goals as o~ficially adopted, or a change in use or intensity of uso of lan0 or other natural resources9 Explair* firiegy: C§. Growth, subsequent development, or related acti¥ities likely to be induced by the proposed acfion? Explain briefly: C6. Long lerm, shod term, cumulative, or other effects not idengfied in C1-C67 Explain briefly: C7. Other impacts (including changes in use et either quantity or type of energy)? Explain bdefiy: D. WILL THE PROJECT HAVE AN IMPACT ON THE ENVIRONMENTAL CHARACTERISTICS THAT CAUSED THE ESTABLISHMENT OF A CRITICAL ENV RONMENTAL AREA (CEA)? ~L__J Yes [] No If Yes, explain briefly: E. IS THERE, OR IS THERE LIKELY TO BE, CONTROVERSY RELATED TO POTENTIAL ADVERSE ENV RONMENTAL IMPACTS? [] Yes [] No If Yes, explain briefly: PART III - DETERMINATION OF SIGNIFICANCE (To be completed by Agency) INSTRUCTIONS: F~reachadversee~ectidenti~edab~Ve~determinewhetheritissubstantia~~~arge~imp~rtant~r~therWisesignificant- Each effect should be assessed in connection with its (a) setting (La urban or rural); (b) probability of occurring; (c) duration; (d) irreversibility; (e) geographic scope; and (f) magnitude. If necessary, add attachments or reference supporting materials. Ensure that explanations contain sufficient detail to show that all relevant adverse impacts have been identified and adequately addressed. If question D of Part II was checked yes, the determination of significance must evaluate the potential impact of the proposed action on the environmental characteristics of the CEA. ] Check this box if you have identified one or more potentially large or significant adverse impacts which MAY occur. Then proceed directly to the FULl EAF and/or prepare a positive declaration ~' Check this box if you have determined, based on the information and analysis above and any suppoding documentation that the proposed act on VVIL[ NOT result in any significant adverse environmental impacts AND provide, on attachments as necessary, the reasons supporting this determination Name of Lead Agency Signa'~eCe of Responsibl~Officer in Lead Agency Date ~i{~natur~ of Preparer (If~ifferent from responsible officer) LEGAL NOTICE NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday~ July 29~ 2008~ at 4:50 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 ZIP Peconic Wells~ LLC. Said property is identified as part of SCTM #1000-86-1-10.9. The address is 2350 Wells Road, Peconic, New York. The property is located at the southwest comer of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement consisting of approximately 30± acres (subject to survey) on the 32.83± acre parcel. The exact area of the purchase is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. The purchase price is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs. The easement will be acquired using Community Preservation Funds. The Town may be eligible for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price. The property is listed on the Town's Community Preservation Project Plan as property that should be preserved due to its agricultural value; and 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: July 15, 2008 BY ORDER OF THE TOWN BOARD OF THE TOWN OF SOUTHOLD Elizabeth Neville Town Clerk PLEASE PUBLISH ON JULY 24, 2008, AND FORWARD ONE (1) AFFIDAVIT OF PUBLICATION TO ELIZABETH NEVILLE, TOWN CLERK, TOWN HALL, PO BOX 1179, SOUTHOLD, NY 11971. Copies to the following: The Suffolk Times Town Board Members Town Attorney Land Preservation Town Clerk's Bulletin Board STATE OF NEW YORK ) SS: COUNTY OF SUFFOLK) ELIZABETH A. NEVILLE, Town Clerk of ~,he Town of Southold, New York being duly sworn, says that on the t{,o day of [x/~O,-L'x ,~ , 2008, she affixed a notice of which the annexed printed notice is a~ue cop[}, 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. PH for ZIP Peconic Wells, LLC property July 29, 2008 at 4:50 p.m. ~izabeth A. Neville Southold Town Clerk Sworn before mq~his ~ ~dayof /~oz,~ ,2008. " Notary, Public LYNDA M. BOHN NOTARY PUBLIC, State of New York No. 01 B06020932 Qualified in Suffolk County Term Expires March 8, 20 0¢- Southold Town Board - Letter Board M~eting of July 15, 2008 RESOLUTION 2008-672 ADOPTED item # DOC ID: 4022 THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2008-672 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON JULY 15, 2008: RESOLVED that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands Preservation) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday~ July 29~ 2008~ at 4:50 p.m, Southold Town Hall~ 53095 Main Road~ Southold~ New York as the time and place for a public hearing for the purchase ora development rights easement on proper .ty owned by ZIP Peconic Wells~ LLC. Said property is identified as part of SCTM #1000-86-1-10.9. The address is 2350 Wells Road, Peconic, New York. The property is located at the southwest corner of NYS Route 25 and Wells Road in Peconic in the R-80 zoning district. The proposed acquisition is for a development rights easement consisting of approximately 30± acres (subject to survey) on the 32.83± acre parcel. The exact area of the purchase is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner, The purchase price is $83,000 (eighty-three thousand dollars) per buildable acre plus acquisition costs. The easement will be acquired using Community Preservation Funds. The Town may be eligible for grant funding from the United States Department of Agriculture 2007 Federal Farm and Ranch Lands Protection Program Funding for partial reimbursement of the purchase price. The property is listed on the To~vn's Community Preservation Project Plan as property that should be preserved due to its agricultural value; and 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. Elizabeth A. Neville Southold Town Clerk RESULT: ADOPTED [UNANIMOUS] MOVER: Louisa P. Evans, Justice SECONDER: Thomas H. Wickham, Councilman AYES: Ruland, Orlando, Krupski Jr., Wickham, Evans, Russell Generated July 17, 2008 Page 19