Public Notice: Town of Southold - Hearing on use of Community Preservation Funds

Event Date: 
Tue, 06/06/2017 - 7:32pm - 8:32pm

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 7:32 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 The Roman Catholic Church of the Sacred Heart, at Cutchogue. Said property is identified as part of SCTM #1000-96.-5-12.3. The address is 3400 Depot Lane in Cutchogue. The property is located in the Agricultural-Conservation (A-C) Zoning District and is situated on the easterly side of Depot Lane approximately 1611 feet south of County Road 48 in Cutchogue, New York. The proposed acquisition is for a development rights easement on a part of the property consisting of approximately 23± acres (subject to survey) of the 35.5± acre parcel.

 

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 $63,000 (sixty-three thousand dollars) per buildable acre, or approximately $1,449,000 (one million four hundred forty-nine thousand dollars) for the 23± acre easement plus acquisition costs. Purchase price may be adjusted at time of closing based on final survey acreage determination.

 

The property is listed on the Community Preservation Project Plan List of Eligible Parcels as property that should be preserved due to its agricultural value.

 

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