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CEA 04-26-07 Meeting Agenda TO: Conservation Easement Authority FROM: Susan K. Eddy, Senior Planner RE: April Meeting DATE: April 19, 2007 The Frederick County Conservation Easement Authority will be meeting on Thursday, April 26, 2007 at 8:00 a.m. in the Board of Supervisor’s Meeting Room in the County Administration Building, 107 North Kent Street, Winchester, Virginia. Please note the new start time. The Conservation Easement Authority will discuss the following agenda items: AGENDA 1. January 25, 2007 Minutes 2. February 22, 2007 Minutes 3. Purchase of Development Rights (PDR) Funding 4. Other Please contact the Planning Department (665-5651) if you are unable to attend this meeting. SKE/ Attachments MEMORANDUM ITEM #3 Purchase of Development Rights (PDR) Funding Staff has recently been notified by the Virginia Office of Farmland Preservation that $4.25 million has been approved by the General Assembly for the funding of Purchase of Development Rights (PDR). The Frederick County Conservation Easement Authority is authorized to purchase development rights (conservation easements). To date, no money has been allocated to this program by the County and no conservation easements have been purchased. It is the intent of the Virginia Office of Farmland Preservation (see Attachment #1) to equally divide the $4.25 million amongst the counties with established PDR programs, provided they can match the funding. Currently 16 counties in Virginia (see Attachment #2), including Frederick County, have PDR programs. Should all 16 counties apply for funding, each would receive up to $265,625. If all 16 counties do not apply, the money will be reallocated to those that do apply, providing of course they can match the funding. This is a unique allocation of funding. Other PDR programs, such as funding from the Farm and Ranch Lands Protection Program (FRPP), the Virginia Land Conservation Foundation (VLCF) and the Virginia Outdoors Foundation (VOF) are allocated on a competitive basis. Counties have until July 1, 2007 to certify that matching funds are available. They have until August 31, 2007 to apply for certification that their PDR program matches/addresses the state model PDR program. (Frederick County’s program closely parallels the state model.) Counties do not need to immediately identify properties from which development rights will be purchased. Local programs will have two fiscal years to draw down the allocated funds. Any funds not used by a jurisdiction will be reallocated to other participating jurisdictions. This item was presented to the Frederick County Finance Committee by staff on April 18, 2007. The Finance Committee recommended authorizing staff to proceed with certification of the County’s PDR program and tabled the issue of certifying funds awaiting further information and discussion. A discussion of this program will take place at the Easement Authority’s April meeting.