S Easement - William H Breeze Sr. for Deed of Agricultural Conservation Easement

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~ ~~~~ ~ The conserv~tion purposes of this Conscrvatian Easement are recogniud by, and the grant of thcs Conserv~tion Easement will serve, the fa~lo~ving c~earty detineated governmental canservation palfcies: (1) 'Thc Fc~ckral Farm and R~nch Lands Proteetion Progr~m prov~des funding for the perchase of Canservation Easements for the purpase af protecting agrlcultur~l uses of that tand (16 U.S.C. Scctions 383II~ and 3II3~i); (2) North Caralina (#eneral Statute I 34-2 et seq., which pmvic~es that "it is hereby declared ...that t~e farm, forest and ~razing lands of the State of North Carolins are among the hasic assets of the State and the preservation of these lands is necessary to protect and promote the heatth, safety and gencral welfare of its peop}e... it is hereby decl~rred to be the policy of the legislature to pmvide far the con~rv~tion of the soil ac~ resources of this State;" (3) North Carolina General Statute 1 Q6-583 et seq., which st~tes that "It is declared to be the policy of the State of Narth Csrolina to gromote the eff eient productien and utilization of the groducts of the soil as es.sential to t~e hc~ith and welfr~rre af Qur paople and to pmmate a so~nd and prosperaus agrieulture and n~r~! tifc as indispet~sahle to the msintertsnce of maximum prosperity;" (4) The Uniform North Carolina Conservation and Histaric Preservation A~reements Act, North Carolina C~ner~l Statute 121-34 et aeq.~ w#~ieh provides that co~tservation agreements ~re "intcrests in l~nnd" which m~y be e~'fective "pcrpet~ially;" which grovides for the enforceability of restrietions, eas~tnenEs, covenants ar eonclitions "...appmpriate to retaircing I~nd or water ~reas predomitia~ttly in t~tir na~ural, sce~tic, or open cond~tion or in agricultur~l, hotticultural, farming or for~st use...;" and which providES for tax assessment of lands subject to srach agreements `bn the hasis of the true vatue of the l~nd snd img~ov~ment less any reduction in value c~used by the agreement;" (S) The establishment of the North Carolina Agricult~aral Development and Far~nland Preservation Trust Fund established in 1986 (N.C.G.S. 106-74~(c) ss aFnended) to preserve importatzt fatmland in Nart~ Csro~i~~; (6) The Narth Carolina Cots~ervation T~ Credit Pmgramn, North Carolina Cienerml St~tute 105-13U.34 and 105-1 S 1. } 2 et seq., which provides for state income ta~c credits for donstions of land that ~re us~ful for fish and wrildlife conserv~tion and other simil~r }and conservation pterpasca; (7) The speci~t use vr-!ue ~ssessment of farm end forestl~nd ~.s set forth in Narth Carolina General Statute 145-271.2 et seq.; ~ (8) The Orange Cau~ty Agric~ltural De~+elopment ~nd F~rminnd Pmtection Plan, adopted November 1?, 2009, wh~ch recommends that Orange County acquire agricultaral conservation easements to hclp protect fazml~nd as a valu~ble natural resaurcces; and ~~ 3 o~a2