Orange County NC Website
Draft <br /> 3/ 24/ 99 <br /> Sold idea of sales tax of 1/4 of a cent <br /> Needed carrots to help sell the idea - - certain areas that <br /> everyone wants to stay open . Able to work out arrangements <br /> to get them . <br /> In its life , it has generated $ 33 million , which has allowed the <br /> county to " power shop . " <br /> The community supported and initiated the sales tax idea . <br /> Had deals in place before the bonds to buy 4 - 5000 acre <br /> ranches <br /> Details of buying : <br /> Find property ownership where wanted to purchase the <br /> conservation easement <br /> Rolling option contract — purchase land over time , price set in <br /> the first year <br /> Pay about 6 % per annum on the balance <br /> The current board of county commissioners has to <br /> approve the purchase of the additional land on a yearly basis , <br /> but have every time so far <br /> Have some staff dedicated to just land acquisition on their <br /> staff, including . an attorney and paralegal <br /> Start the negotiation with a letter of inquiry , which lays out <br /> the potential offer and seeks to determine the interest in the <br /> owners possibly selling the land <br /> Follow - up with a letter of intent to buy the land . Includes <br /> an offer for x acres , legal description of the land , the amount <br /> of water/ mineral rights , other conditions of the sell , lease <br /> back , etc . <br /> Haggle , settle , get contract with those terms in it . <br /> Will do a variety of things to get deal done <br /> Include the creation lots around beaten out house , add <br /> value to the seller ( can exempt subdivision policy if they can <br /> show a clear public purpose ) <br /> 1 / 35 acre zoning <br /> Joint acquisition with the municipalities <br /> Some have own sales taxes <br /> Work also with the Trust with Public Lands , Nature - <br /> Conservancy <br /> Open Space Task Force made up of a people , stakeholders , <br /> Decide where want to spend money preserving lands <br /> Focus of Acquisition . <br /> Other categories to purchase <br /> Prime agricultural land , which has good soil and irrigation <br /> Rights to draw water off of, which makes the land more <br /> valuable <br /> 26 <br />