Trio of easements on commissioner's agenda
Posted by Colorado Group Realty on Tuesday, December 29th, 2009 at 5:00pm.The future of a trio of significant Routt County Ranches will be on the agenda tonight when the Routt County Board of Commissioners is expected to vote on three purchase of development rights proposals. If approved, conservation easements would be placed on portions of the ranches, protecting them from future development.
When landowners donate a conservation easement, the land is permanently protected from development.
There are significant tax breaks associated with the move, depending on the details of the easement.
County Commissioner Doug Monger said ranchers in Routt County are often land rich and cash poor. Conservation easements such as those being leveraged by PDR monies generate cash to help them remain in operation. But it's the landowners that are making a larger donation, he said.
The value of easements leveraged by PDR monies is $33.33 million. Routt County Purchase of Development rights has contributed $21.2 percent of that amount, with 32 percent coming from other agencies and 46.8 percent being donated by the owners.
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