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HomeMy WebLinkAboutAgenda 12-12-23; 8-f - Approval of Participation in Conservation Easement – Terry Road Farm, LLC 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: December 12, 2023 Action Agenda Item No. 8-f SUBJECT: Approval of Participation in Conservation Easement — Terry Road Farm, LLC DEPARTMENT: Environment, Agriculture, Parks and Recreation (DEAPR) ATTACHMENT(S): INFORMATION CONTACT: 1. Location Map David Stancil, 245-2510 2. Site Map Christian Hirni, 245-2514 PURPOSE: To consider participation in and the co-holding of a conservation easement in conjunction with Triangle Land Conservancy for the Terry Road Farm property. BACKGROUND: Triangle Land Conservancy (TLC) staff contacted DEAPR staff earlier this year with interest in the joint holding of a farmland conservation easement between TLC and the County for a 50-acre tract in the Little River watershed and Little River Township. This project was being pursued in the spirit of TLC's new Good Grounds Initiative, a program to address historic racial inequities in farmland ownership. After the sale and closing on the easement, the landowner will sell the property to the farmer (a person of color) who is currently leasing the farm at a discounted price based on the sale of the easement value. The property has just over 1,500 feet of stream frontage on the South Fork of the Little River, part of the water supply for the City of Durham and ultimately, via Falls Lake, the City of Raleigh. The property also directly abuts the 170-acre Reimer Nature Preserve owned and managed by TLC. Access to the property would be through the adjoining TLC owned lands. The tract is almost evenly split between active agriculture and a forested buffer along the creek (50% forest, 50% agricultural fields). The open areas (23 acres) are currently utilized for a typical Piedmont farm rotation of corn and soybeans. The remaining forested areas provide a valuable buffer to the adjacent Reimer Nature Preserve and a hardwood buffer to the South Fork of the Little River. Portions of the open areas within 100 feet of the river will be converted into perennial ground cover and eventually forested to further protect the water quality and reduce erosion and sedimentation. This property ranks in the medium-high to high protection category via the County's farmland conservation ranking criteria. These factors, in addition to the forested buffer to a major water 2 supply watershed river and adjacency to existing protected lands, provides significant conservation values for the site. An added social value would be achieved by the ownership change which would enable a new farmer/landowner from historically underserved communities. The requested 25% County contribution ($60,000) of the estimated $247,300 budget will help expand the conserved working lands in the Little River watershed. FINANCIAL IMPACT: The total costs of the conservation easement is $247,300, including closing and transactional costs. The requested County contribution is for $60,000, or 25% of the total. The purchase price for the conservation easement is $225,000, which was determined by an appraisal. Additional costs, including closing and transactional costs, bring the estimated total at closing to $247,300. Triangle Land Conservancy has identified the following funding sources: City of Durham $ 171,200 (69%) Orange County (Lands Legacy) $ 60,000 (24%) City of Raleigh $ 10,000 (4%) TLC $ 6,100 (3%) $247,300 (acquisition + transaction) Funds for the easement purchase would come from City of Durham ($168,000 purchase price plus $3,000 for legal and closing costs), Orange County ($57,000 purchase price plus $3,000 for legal and closing costs), City of Raleigh ($10,000 for stewardship endowment), and Triangle Land Conservancy ($6,100 for closing costs). The County's share of funds ($60,000) would come from existing funds budgeted and approved for the Lands Legacy Program (Land Legacy Fund). Funds would not be transferred until the easement transaction has occurred. The completed conservation easement will come back for Board approval in the spring of 2024, with a closing and recordation of the document expected to occur shortly thereafter. The Terry Road Farm property is enrolled in the Present Use Value taxation program, so the conservation easement would not lessen the amount of property taxes paid to the County. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal impacts are applicable to this item: • GOAL: ESTABLISH SUSTAINABLE AND EQUITABLE LAND-USE AND ENVIRONMENTAL POLICIES The fair treatment and meaningful involvement of people of all races, cultures, incomes and educational levels with respect to the development and enforcement of environmental laws, regulations, policies, and decisions. Fair treatment means that no group of people should bear a disproportionate share of the negative environmental consequences resulting from industrial, governmental and commercial operations or policies. ENVIRONMENTAL IMPACT: The following Orange County Environmental Responsibility Goal impact is applicable to this item: 3 • RESULTANT IMPACT ON NATURAL RESOURCES AND AIR QUALITY (Assess and where possible mitigate adverse impacts created to the natural resources of the site and adjoining area. Minimize production of greenhouse gases.) The easement will provide a permanent protected natural and agricultural buffer from related developed land to the east and south. The easement will also protect a vital watershed which leads to a primary drinking water source for the City of Durham and City of Raleigh. RECOMMENDATION(S): The Manager recommends that the Board approve the funding of the Orange County portion ($60,000) of the easement costs, and authorize staff to work with TLC to draft the conservation easement agreement, subject to final review by staff and County Attorney, to return to the Board for approval and acceptance of the easement in early 2024. Terry Road Farm LLC- Context Map 4 � ss z � `vim -1O 2 O� Z a e- '�o ` z J C OJ� J� O! <O z W W0��� W 2 WALKERS FARM RD H J m r } m � n o ISLAND RD tY 0 Z W Z O� o Lu QP�� �J 0 LITTLE RIVER DR DOE rp, o SNP°N Text �Fwisy /VAADA DR q oR s0 ti 9!6 ti 'JON9�osc GR OMB CHURCH RD m Ryee !L / LIPSCOMB o D Y � Z < Z Z O J m 0 , <z CL a O u_ J z (D ! CY < Lu Y C/) N N z ST MARYS RD �P�J�R V m Z o c7 > w w – � J O G—L U) S Tract Information: 0 950 1,900 3,800 5,700 7,600 Feet Legend Landowner: Terry Road Farm ORANGE COUNTY Roads Lat: 36' 08.42" Streams Long: 78' 58.92" Q Tract Boundary Date: 11/21/2023 Image: 2021 Aerial Photo County Open Space Created By: Christian Hirni 0 Open Space-Other Acres: 50 ® County Held Easement Department of Environment, ® Conservation Easements-Other Agriculture,Parks&Recreation Terry Road Farm LLC- Aerial Map 5 a i y . y ,w r• a 1 ab" @'n y + t - w � qol 1 � k r � a n' K + '1 T yet „ tic 1 k Tract Information: 0 162.5 325 650 975 1,300 Feet Legend Landowner: Terry Road Farm ORANGE COUNTY Lat: 36' 08.42" Roads Long: 78' 58.92" Date: 11/21/2023 4 Q Tract Boundary Image: 2021 Aerial Photo Streams Created By: Christian Hirni Acres: 50 Open Space- Other Department of Environment, Agriculture,Parks&Recreation