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AG 2017 12 18
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AG 2017 12 18
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Last modified
3/20/2019 6:11:04 PM
Creation date
3/20/2019 5:20:10 PM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
12/18/2017
Board
Board of Commissioners
Meeting Type
Regular
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OPTION TO PURCHASE AN ADFP AGRICULTURAL CONSERVATION EASEMENT <br />THIS OPTION TO PURCHASE A CONSERVATION EASEMENT ("Option") is made <br />this Enter Day Number day of January, 2016 by and between Enter Landowner(s) Name(s), <br />("Seller"); and the Enter Grantee Organization Name (`Buyer"). <br />RECITALS <br />A. For the purposes of notice, the addresses of the parties to this Option are: <br />SELLER: BUYER: <br />Enter Seller Address Enter Buyer Address (include Suite/Office Number) <br />Enter City, Enter State Enter Zip Code Enter City, Enter State Enter Zip Code <br />B. Property legal description as described at Register of Deeds (County Deed Book and Page) <br />County Deed Book <br />Enter County Name Enter Deed Book Page <br />Page <br />Enter Paee Number <br />C. It is the intention of both the Seller and Buyer that +/- Enter Number of Easement Acres acres <br />of the Property is preserved with conservation easements and maintained for the preservation of <br />use as crop, horticulture or forestry as described in N.C. General Statue 106 Article 61. <br />D. Seller acknowledges that Buyer enters into this Option in its own right. <br />E. Buyer is a conservation organization having among its purposes the acquisition on behalf of <br />the public of open space, scenic, and recreational lands. <br />F. Seller acknowledges that Buyer enters into this Option Agreement as an initial step in the <br />purchase of a conservation easement on +/- Enter Number of Easement Acres acres of the Property. <br />The value of the conservation easement shall be determined by an appraisal performed to the <br />Uniform Standards of Professional Appraisals Practice (USPAP) with confirmation approval by <br />the North Carolina Department of Agriculture ADFP Trust Fund. <br />G. By entering into this Option, Seller acknowledges that it will obtain independent tax counsel <br />and be solely responsible for compliance with any requirement of the Code to substantiate the <br />value of the conservation easement if claiming an IRS charitable contribution. <br />NOW, THEREFORE, the Seller hereby grants to Buyer, its successors and assigns, the exclusive <br />and irrevocable option to Purchase a Conservation Easement on +/- Enter Number of Easement <br />Acres acres on the Property. <br />Attachment number 2 \n <br />F-10 Page 252 <br />
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