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6 <br /> 1 The Gledhill's property is enrolled in the Present Use Value taxation program, so the <br /> 2 conservation easement would not lessen the amount of property taxes paid to the County. The <br /> 3 decrease in the property's market value caused by the conservation easement (and <br /> 4 extinguishing of portion of its developmental rights)would not lower the property value to a level <br /> 5 that is less than the current present use value. <br /> 6 <br /> 7 The owners intend to take advantage of enhanced federal income tax deduction for easement <br /> 8 donations, which the US Congress made permanent in 2015. <br /> 9 <br /> 10 With this allocation, approximately $3.0 million remains available in the Lands Legacy Capital <br /> 11 Project. <br /> 12 David Stancil introduced new Lands Conservation Manager, Kim Livingston. <br /> 13 David Stancil made the following PowerPoint presentation: <br /> 14 <br /> 15 Conservation Easement <br /> 16 Lick Creek <br /> 17 Orange County Lands Legacy Program <br /> 18 <br /> 19 Lick Creek Conservation Easement (Gledhill Family) <br /> 20 • Geoff and Jane Gledhill <br /> 21 • Cedar Grove Windy Hill farm (Carr Store Road) <br /> 22 • 30-acre woodland tract (undeveloped) <br /> 23 • Streams drain to Lake Orange and East Fork Eno River <br /> 24 <br /> 25 Carr Store Road (map) <br /> 26 Forest interior (photo <br /> 27 (South side Carr Store Rd) <br /> 28 Lick Creek (photo) <br /> 29 Stream that joins Lick Creek (photo) <br /> 30 Grove of poplar trees (photo) <br /> 31 Pine stand <br /> 32 <br /> 33 Stream Buffer (aerial photo) <br /> 34 • 30 acres <br /> 35 • 6,000' of streams <br /> 36 • Forested buffers <br /> 37 • Public water supply <br /> 38 • Rural character <br /> 39 <br /> 40 Proposed Conservation Easement: <br /> 41 ➢ Perpetual duration <br /> 42 ➢ Rights of privacy retained <br /> 43 ➢ Right to construct one cabin (& access driveway) <br /> 44 ➢ Right to manage forest consistent with approved forest stewardship plan <br /> 45 ➢ Preserves wide stream buffers <br /> 46 ➢ Prohibits other agricultural / residential uses <br /> 47 ➢ Prohibits subdivision <br /> 48 <br /> 49 Lick Creek Conservation Easement <br />