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2015 Annual Report TO:CommunityPreservationCommittee FROM:WayneFeiden,FAICP,DirectorofPlanningandSustainability RE:ConservationFund2015AnnualReport DATE:February10,2016 ThankyouforthestudyfundingoftheCPAConservationFund.Althoughcollectivelythishas beenasignificantCPAinvestment,mostoftheindividualexpendituresarerelativelysmall.This fundhasallowedustomovequicklyonlandpurchasingandfinancialleveragingopportunities thatoftenwouldotherwisebelost. Inthepast,theCPCaskedustopresentourconservationfundsummarytocoverallthe CPAfundedConservation ConservationFundsCPAhasfunded.Asaresult,thisreportcoversall Fundprojectsuptotoday.TheCPAtrackingspreadsheetsshoweachcharge,ifyouwantthat. ThefinalfundsintheConservationFundareencumberedandwillfundtheBroadBrookand SawMillHillsconservationrestrictionclosingscoststhat OpenSpacePreservationProjectAcresCPAshareLeveraged ProjectsencumberingremainingCPAConservationFunds Conservationrestrictionsfor20132015BroadBrookand5*$12,166$0 SawMillHillsCPAparcels* Softcosts ProjectsNovember2014December2015 LaValley,SawMilHills17$17,300$0 Landacquisition Ksiniewicz,HistoricMillRiver3.31$3,480$6,000 Softcosts(MASdonatingCRstewardshipandlegalcosts) Steidler,SawMillHills4.9$275$4,900 Softcosts(landdonatedinlieuofbacktaxes) Zewski,RockyHillGreenway*1.0*$5,195$12,000 Softcosts(closingonlandinMarch2016,MASdonatingCR stewardshipandlegalcostsandenvironmentalassessment) Derouin,BroadBrook*1.0*$5,365$0 Softcosts OpenSpacePreservationProjectAcresCPAshareLeveraged ConnecticutRiverGreenwayCR$200$5,000 Softcosts(requiredasCPAprojectFriendsofb RecreationacceptedCRfor$5,000belowmarket) Golash,ConteFishandWildlifeRefuge0.25$125$2,000 softcosts(landdonatedinlieuofbacktaxes) DostalAPR,ParkHillAPRs1.14$1,570$0 Acquisitionandsoftcosts BayeAPR*0.5$700$0 Softcosts(APRfromseparateCPAAPRaccount) Reutener,MineralHills*1*$1,550$0 Softcosts(purchasefromseparateCPAgrant&donations) Hayssen,StoneRidgePond1.29$200$4,000 Softcosts Hewes,RockyHillGreenway*5*$20,530$0 Softcosts(purchasefromseparateCPAgrant&donations) Vollinger,BroadBrook*1*$1,815$0 Softcosts(purchasefromCPAgrant&donations) McKown,BroadBrook12.1$10,044$3,000 Landacquisition,softcosts TotalsthroughNovember2014toDecember201555.7***$80,513$36,900 ProjectsthroughOctober2014 Bosworthpurchase:MineralHillsConservationArea15$10,000$20,000 LeveragedotherpurchasesSawMillHills&Meadows Landacquisition,softcosts BeanFarm:MillRiverGreenway2$0$47,500 Useoffundsfordeposit,fundsthenrefunded Bleiman:MeadowsConservationArea10$8,927$13,000 Softcosts 360N.King:BroadBrookFitzgeraldLakeGreenway12$23,410$55,000 Landacquisitionandsoftcosts BeaverBrookConservationArea*2$10,434$10,000 Softcosts ZimmermanCR:BroadBrookFitzgeraldLakeGreenway36$19,475$10,000 Landacquisitionandsoftcosts BeaverBrookArchBridge:MillRiverGreenway4$24,243$14,562 Landacquisitionandsoftcosts NorwottuckRailTrailextensionROW2$1,145$5,000 Softcosts West:SawMillHillsConservationArea*18$9,195$6,000 Landacquisitionandsoftcosts James:ëś■ĊĵŉśŉℓFieldRoadAPR:MeadowsConservation5$171$5,000 Softcosts OpenSpacePreservationProjectAcresCPAshareLeveraged TurkeyHill:MineralHillsCons.Area*1$3,500$6,000 Softcosts Lane:ConnecticutRiverGreenwaycons.&recreation*3$2,973$50,000 Softcosts MainStreet/Leeds:MillRiverGreenway2$22,700$37,500 Softcosts BoyScoutIslandarea:Conn.RiverGreenway13$11,500$5,500 Landacquisitionandsoftcosts(50%interestin26acres=13) GirlScouts(I)BroadBrookFitzgeraldLakeGreenway23$21,523$8,000 Landacquisitionandsoftcosts BeanAllard/MillRiverGreenwayandCommunityGarden*2$198$1,100 Softcosts RyanRd/SylvesterRoad:SawMillHillsCons.Area22$13,755$15,000 Landacquisitionandsoftcosts Skibiskipurchase:MineralHillsConservationArea*1$1,309$500 Softcosts WardAve:MillRiverGreenway.1$6,807$500 Softcosts KestrelTrustConservationRestrictions**$45,000$10,000 (twotransactionstocatchupwithfiveyearsofCPA) Sullivan:BroadBrookFitzgeraldLakeGreenway2$20,617$5,000 Landacquisitionandsoftcosts Bookends:MineralHills*$6,695$2,000 Softcosts GirlScoutsII:BroadBrookFitzgeraldLakeGreenway17$20,900$4,000 Landacquisitionandsoftcosts ForestLegacy:BroadBrookFitzgeraldLakeGreenway36$14,132$9,000 Landacquisitionandsoftcosts ChatfieldConservationRestriction:MillRiverGreenway$1,846$6,000 Softcosts Gonski:HistoricMillRiverGreenway10$12,633$2,500 Landacquisitionandsoftcosts(50%interestin20acres=10) DikeRoadclosure:HistoricMillRiverGreenway$75$5,000 Softcosts PomeroyTerrace:MeadowsConservationArea5$4,825$10,000 Softcosts BroadBrookGap(Vollinger,GleasonandKubosiak):Broad7$7,347$11,000 BrookFitzgeraldLakeGreenway* Landacquisitionandsoftcosts TurkeyHillRoaddiscontinuance:MineralHillsCons.Area2$375$1,000 HatfieldRoad:ConnecticutRiverGreenway6$3,500$13,000 Softcosts OpenSpacePreservationProjectAcresCPAshareLeveraged JailFarm:MeadowsConservationArea(futureclosing)$325$1,000 Softcosts JasinskiAgriculturePreservationRestriction:Meadows*4$1,622$1,000 Softcosts BurkeCR:ParkHill/ParsonsBrookcomplex19.5$9,650$2,000 Landacquisitionandsoftcosts Rothenberg:BroadBrookGreenway/FitzgeraldLake9$11,198$4,000 Landacquisitionandsoftcosts Szymanski:SawMillHills*1$2,820$1,670 Softcosts FlorenceConservationAreaexpansion*1$125$5,000 Softcosts ParcelD:NorthamptonStateHospitalAPR36$119$72,000 Softcosts Hewes:RockyHillConservationArea0.5$225$500 Softcosts Reutener:SawMillHillsConservationArea*2$2,475$1,000 Softcosts ThreeDikeRoadparcels(Atwoodclosed):HistoricMillRiver2$6,840$2,000 Greenway* Softcosts Hayssen:BrookwoodMarshConservationArea0.5$150$500 McKown:BroadBrookGreenway4$2,321$1,000 TotalsthroughOctober20143,357***$346,355$502,832 NOTES: Costsareapproximatebecausesomevaluationsareverydifficult,especiallywhensoftcostsand/orbargainsales leveragesdonationsofallorpartofthevalueofland.Thisisnotaformalaccountingofexpenses,whichisavailableinthe CPAspreadsheets) *ToavoiddoublecountingforprojectswithotherCPAfunding,thistableassignstheacreagedirectlyattributabletothe ConservationFundinvestmentorfundingbasedontheConservationFundproratashareoftheproject.Giventhatthe ConservationFundmakestheseprojectspossible,wecouldclaimamuchhighercredit **CPArequiredconservationrestrictionsasaresultofDORwithdrawingtheiropinionletterarechargedhere,notto specificallyfundedCPAprojects,whichsignificantlyincreasedthecostperacre. ***ThisdoesnotincludeprojectsfundedasseparateCPAprojectsoutsideoftheConservationFund.