3. Flood property/LARC contract
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3. Flood property/LARC contract
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Greenway ProperS. Acquisition Plan 7/26/02 <br /> <br />Contract with Lake Agassiz for administration <br /> <br />Hold public input meeting with landowners invited <br /> <br />Hire Advertising Finn to help get out the information <br /> <br />Assemble list of potentially interested sellers <br /> <br />Prioritize list and appraise properties <br /> <br />Negotiate based on 85% of appraised value. Allow no cost lease agreements so <br />landowners can continue to farm tillable land for a specified period of time. <br /> <br />Buy as many properties as $2,000,000 grant will fund <br /> <br />Considerations in prioritizing property <br /> o Objective: To establish a contiguous linear greenway along the Red and Wild <br /> Rice Rivers south of Fargo to prevent development in inappropriate locations and <br /> preserve open land and green space. <br /> Compliauce with FEMA grant criteria <br /> o Vulnerability of property to development <br /> o Cost of land versus benefits <br /> o Contiguous with other previously purchased or available property. <br /> o Desirability of property as preserved public land. <br /> o Cost of maintaining land after acquisition <br /> <br />7/26/02 Draft by Keith Berndt <br /> <br /> <br />
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