Public Notice: Town of Southold - Hearing on Community Preservation Fund Purchase of Development Rights

Event Date: 
Tue, 06/06/2017 - 7:33pm - 8:30pm

LEGAL NOTICE

NOTICE OF PUBLIC HEARING

 

NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 70 (Agricultural Lands) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday, June 6, 2017, at 7:33 p.m., Southold Town Hall, 53095 Main Road, Southold, New York as the time and place for a public hearing for the purchase of a development rights easement on property owned by William S. Zebroski, Jr. Said property is identified as SCTM #1000-69.-1-8. The address is 37875 County Road 48 in Southold. The property is located in the Agricultural-Conservation (A-C) Zoning District and is situated on the north side of County Road 48 approximately 3000 feet west of Kenney Road in Southold, New York. The proposed acquisition is for a development rights easement on 20± acres of the 22± acre parcel (subject to survey).

 

The exact area of the acquisition is subject to a Town-provided survey acceptable to the Land Preservation Committee and the property owner. The easement will be acquired using Community Preservation Funds. The purchase price is $971,360 (nine hundred seventy-one thousand three hundred sixty dollars)for the 20± acre easement plus acquisition costs. The landowner offered to sell the development rights to the Town at a purchase price below the fair market value indicated in the Town’s commissioned appraisal and the landowner may be eligible to claim a bargain sale.

 

The property is listed on the Town’s Community Preservation Project Plan as property that should be preserved due to its agricultural value and its value as an aquifer recharge area.

 

FURTHER NOTICE is hereby given that a more detailed description of the above-mentioned parcel of land is on file in Land Preservation Department, Southold Town Hall Annex, 54375 Route 25, Southold, New York, and may be examined by any interested person during business hours.

 

Dated:  May 23, 2017                                                BY ORDER OF THE TOWN BOARD

                                                                                               OF THE TOWN OF SOUTHOLD

                                                                                                       Elizabeth A. Neville

                                                                                                     Southold Town Clerk