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character. <br />Is there anything in the second approach that will give you as much <br />economic advantage as in the first approach? <br />Curtis: He has a lot of land that will not perc that might fit <br />right into conservation easement approach. However, if County <br />should run water and sewer at some future date, he will not be able <br />to take advantage of it. <br />Lee: But you will already have received a return on land from sale <br />of conservation easements. <br />Curtis: Don't like idea of lump sum; prefer some kind of annual/ <br />continual income from property. <br />Elio: You could set up payment over an extended period of time. <br />As large landowner, such a system offers you more. <br />Curtis: What if you had land tied up like so and pine beetles <br />infested 20 acres of it. Would you be restricted from cutting it? <br />Can we include wording to deal with issues like this? <br />Elio: Thinks conservation easement doesn't restrict you from <br />managing land, just prohibits you from developing it. <br />Gene: Reference to FDO proposal and primary and secondary <br />conservation areas. Need to keep this in mind when discussing <br />modified TDR approach because easements should come from primary <br />and secondary areas, not just where landowner feels like. <br />Curtis: Does FDO put time limitation on easements? <br />Gene: No. Generally, restrictive covenants in subdivisions have <br />a specified time frame, however. <br />Lee: For his area they are 20 years. Automatically renews unless <br />there is something like unanimous agreement that changes are <br />needed. <br />Curtis: Whoever put in 20 years realized that things might change <br />in the future and it would be wise to revisit. <br />Lee: Sounds like in principle, we might have some agreement on <br />this, lot of details to be worked out. In particular, Curtis has <br />concerns about length of such easements. <br />Dan: Do development rights expire if they are not used? <br />Nobody knew. <br />Lee: Because it is a confined area, people who sell will likely <br />get a fairer price (something pretty close to market value) because <br />A <br />