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2 <br />Preserved farmland will provide lasting benefits to Orange County. <br />Primarily, it will ensure the continued availability of high - quality <br />agricultural land for present and future farming activity, an important <br />factor in the County's economy. <br />At this time, a $200,000 allocation would enable the purchase of <br />conservation easements on approximately 65 -70 acres of farmland. This <br />allocation could also provide a base for matching funds, from either <br />the Federal Farmland Protection Program, or from a future State <br />program. <br />RECObVENDATION: Approve an annual allocation of $200,000 in the Capital <br />Investment Plan for a Purchase of Agricultural Conservation Easements <br />(PACE) Program and prior to the release of funds, amend the Farmland <br />Preservation Ordinance to explain the PACE program in detail. <br />f <br />