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Conservation Fund May 28 2010 final report to TO: Community Preservation Committee CC: Conservation Commission FROM: Wayne Feiden, FAICP, Director of Planning and Development RE: Closeout CPA FY 2010 Conservation Fund grant DATE: May 28, 2010 On behalf of the Conservation Commission, I am pleased to submit this final report for the 2009- 2010 (FY2010) Conservation Fund. Those funds have been expended. CPA funding for the Northampton Conservation Fund Amount Cycle Status $ 10,000 2008-2009 (12/18/2008) Closed out (final report issued 3/23/2009) $110,000 2009-2010 (7/4 and 12/17/09) Closed out (this report) $ 50,000 2010 (5/20/2010) Work started- some of funds encumbered Projects Funded with 2009-2010 (FY2010) CPA Conservation Fund monies Project Acres preserved CPA Funding Leveraged $47,500 Bean Farm 2 acres this cycle $20,000 (refunded) from donation of land + Will be 38 more value of TPL option on 38 acres Bleiman: Meadows 9.95 acres $8,927 $13,000 based on Soft Costs including: Donation of 9.95 acres Survey, assessments, consideration/gate, recording, closing property tax 360 N. King: Fitz Lake 12.1 acres $23,410 $55,000 from $20,000 consideration Grants and BBC + Soft Costs including: Appraisal, survey, recording fee, title and insurance Beaver Brook 101 acres $10,176 $378,000 from NON-CPA Soft costs including: grants/BBC (Project also has CPA Appraisal, mileage and funds for acquisition but mail, title, title preserved acreage increased.) insurance, assessments, recording fees Florence Cons. Area 4 acres $125 $20,000 based on value of -recording fee donation of land by city Sullivan land swap: 1 acres $133 $20,000 based on value of FLCA (project has donation of land once project NOT yet closed) closes -title abstract Zimmerman CR: FLCA 36 acres $19,475 NOT yet closed $18,000 consideration +title Mill River Greenway-4 acres plus arch $23,715 $15,000 from rail trail funds Leeds/Beaver Brook bridge $20,000 consideration +soft costs including: Assessments, appraisals Survey, recording, title Mill River Greenway- 1.4 acres $328 $36,000 once it closes Leeds/Main St. NOT YET CLOSED -title search only Parsons Brook CR 5.72 acres $200 $4,000 permit leveraged donation -recording fee only Norwottuck Rail Trail 1.6 acres $845 $5,000 from donations extension ROW -title search only Saw Mill Hills-West 18 acres $9,195 Project also has CPA funds for $5,000 consideration + acquisition but preserved acreage Survey and recording increased, increasing costs. Venturers’ Field Road 5 acres $171 Will be state support for project, farmland preservation not yet defined. project (NOT yet closed) -title search only Mineral Hills Cons. 81 acres $3,500 Will leverage other grants and Area, Turkey Hill support, not yet defined expansion (NOT yet closed) -appraisal Community Boathouse 10 acres $2,153 Will leverage land donation and NOT yet closed grants, not yet defined. -due diligence soft cost only Total CPA funds expended $140,000 Total program income/refund $ 20,000 NET CPA expenditures $120,000