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The easement contains pipes that supply water to 360,000 residents. The problem is that those pipes are now nearly 100 years old, so a rupture could happen at any time, resulting in untold damages.
Conservation easement boundary sign. In the United States, a conservation easement (also called conservation covenant, conservation restriction or conservation servitude) is a power invested in a qualified land conservation organization called a "land trust", or a governmental (municipal, county, state or federal) entity to constrain, as to a specified land area, the exercise of rights ...
Under the conservation easement, GreenWood Resources — a timber investment company that manages lands previously owned by Weyerhaeuser and other timber companies — will continue to own the ...
Based on two appraisals it did on the property, the Water Supply Board offered him $292,000 for a conservation easement on 60 acres, with a 5-acre “envelope” that would allow him to build a house.
Elsing Green in Virginia, which was granted an easement to preserve the land. Farmland preservation is a joint effort by non-governmental organizations and local governments to set aside and protect examples of a region's farmland for the use, education, and enjoyment of future generations. They are operated mostly at state and local levels by ...
An easement may apply to all or a portion of the property, and need not require public access. Each conservation easement is carefully crafted to meet the needs of the landowner while not jeopardizing the conservation values of the land. [8] [page needed] In between selling land or an easement to a land trust is an option called a bargain sale.
In the United States, the first conservation land trust organization was the Massachusetts Trustees of Reservations, founded in 1891. [1] As of 2021, there were over 1,300 conservation land trusts in the United States, with 446 of these accredited by the Land Trust Accreditation Commission. [1] Some North American conservation land trusts:
The finance committee in April 2023 blocked the DNR's plan to spend $15.5 million from the program to acquire a conservation easement on 56,000 acres (22,662 hectares) of forest, which would have ...