AGENDA DATE: 10/4/2017
TITLE:
Title
Acquisition of Conservation Easements (ACE) Appraisals and Purchases for FY 17 Applicant Class
BODY
SUBJECT/PROPOSAL/REQUEST: Request approval of appraisals and purchases of two properties from FY 17 ACE applicant class
ITEM TYPE: Consent Action Item
STAFF CONTACT(S): Walker, Kamptner, Herrick, Gast-Bray, Maliszewski, Goodall
PRESENTER (S): N/A
LEGAL REVIEW: Yes
REVIEWED BY: Douglas C. Walker
BACKGROUND: Under County Code ? A.1-111(A), the Board determines which open-space easements to purchase under the County's Acquisition of Conservation Easements (ACE) program: "From the list of applications received under section A.1-110(D), the board of supervisors shall designate the initial pool of parcels identified for conservation easements to be purchased. The size of the pool shall be based upon the funds available for easement purchases in the current fiscal year and the purchase price of each conservation easement in the pool established under section A.1-111(B)." If any applicants withdraw from consideration, other applicants may be substituted until the eligible applicants or available funding is exhausted.
On June 7, 2017, the Board adopted the ACE Committee's recommendation to approve the final ranking order for the FY 17 applicant pool and to appraise the two remaining eligible properties: Kerley and Earnhardt. Two higher ranked applicants (Bloch and Robertson) withdrew from the program late to pursue other options. (See Attachment A for criteria scoring). Following the Board's June 7 action, the Kerley and Earnhardt properties were appraised at $330,000 and $248,000, respectively. Pursuant to County Code
? A.1-106(B), the Appraisal Review Committee (ARC) then reviewed those appraisals to assure that they were consistent with appropriate appraisal guidelines and practices. Following that review, the ARC adjusted the Kerley property's appraised value to $360,000. With that adjustment, the ARC is prep...
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