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AG 2014 09 15
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AG 2014 09 15
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Last modified
10/21/2014 3:05:30 PM
Creation date
11/27/2017 10:50:44 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
9/15/2014
Board
Board of Commissioners
Meeting Type
Regular
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LI Z ZIUM <br />ACEP -ALE Appraisal Specifications and Scope <br />o. A copy of the recorded written access to the easement area or evidence that the <br />property is accessible from a public road is required <br />p. Written permission from the landowner or an authorized representative <br />authorizing the assigned appraiser to enter the property for appraisal purpose <br />E. Background For The Appraisal Report <br />9 <br />in <br />Prepare two opinions of value of the subject property. One before placement of the <br />easement and the second after placement of the easement. The after condition or second <br />value will be based upon a hypothetical condition that the conservation easement is in <br />place and the effects on value that may be created. The difference in the two values is the <br />effect of the proposed easement on the value of the property (fair market value of the <br />ALE). <br />Client is [eligible entity name], unless otherwise directed by the client. Landowner cannot <br />be the client. Landowner is defined as either the current owner or the party identified in <br />the contract to purchase the property from the eligible entity. <br />Intended user must be identified as USDA/NRCS and any other specific organization or <br />eligible entity that may be involved in the specific transaction unless otherwise directed by <br />the client. <br />Intended use will be for USDA/NRCS and any other specific organization or eligible <br />entity that may be involved in the specific transaction, for consideration in determining the <br />effect on value of the conservation easement of lands entering into the ACEP - <br />Agricultural Land Easement. <br />Exclusions of approaches to values, as stated in USPAP, must be strongly supported with <br />solid reasoning. <br />Property rights to be appraised will be surface rights, including improvements such as <br />homes, barns, hay sheds and fencing, timber, orchards or other permanent plantings, and <br />any irrigation water rights. The irrigation water rights include wells, ditches, reservoirs, <br />ponds, and lakes that provide irrigation on the subject property and are legally permitted. <br />Crop base and allotments that are located on the subject property will be clearly identified <br />in both the before and after condition. The value of any marketable standing timber that <br />could be economically harvested will be considered by a timber cruise and included in any <br />valuations. Other permanent plantings that are located on the subject property will be <br />appraised and included in any valuations. Any irrigation equipment, such as pivot <br />sprinklers, moveable pipe, towlines, etc., that are located in the proposed easement area <br />will be excluded from the valuation. <br />If irrigation rights are included in the easement area, documentation provided by NRCS <br />will identify the volume of irrigation water rights to be retained for the subject property as <br />necessary to ensure the function of the farmland or ranchland operation and other <br />agricultural conservation values. This volume will also be documented in the conservation <br />plan and easement baseline inventory report exhibit attached to the conservation deed. <br />Irrigation water rights that are legally owned and used on the proposed subject property <br />will be described and valued in the appraisal. <br />The appraiser will document whether or not any portion of these irrigation water rights <br />may be removed from the subject property. If the irrigation water rights may be removed <br />from the property, the appraiser will provide a value opinion of the value of each irrigation <br />water right. The appraiser will consider only the irrigation water rights required to be <br />retained on the subject property as identified by NRCS. <br />N <br />Attachment number 1 <br />F -7 Page 185 <br />
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