Agenda 02-01-22; 6-a - Resolution of Approval – Conservation Easement on Draper-Savage Memorial Foundation (Moorefields) and Approval of Budget Amendment #7-A

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9 conditions "appropriate to retaining land or water areas predominantly in their natural, scenic or open condition . . . ." D. The North Carolina Land and Water Fund a.k.a. North Carolina Clean Water Management Trust Fund("Fund") is authorized by N.C.G.S. Chapter 143B, Article 2, Part 41 to acquire land and interests in land on behalf of the State: • for riparian buffers for the purposes of providing environmental protection for surface waters and urban drinking water supplies and establishing a network of riparian greenways for environmental, educational, and recreational uses, • for the purpose of protecting and conserving surface waters and enhancing drinking water supplies, including the development of water supply reservoirs, • to provide buffers around military bases to protect the military mission, • that represent the ecological diversity of North Carolina, including natural features such as riverine, montane, coastal, and geologic systems and other natural areas to ensure their preservation and conservation for recreational, scientific, educational, cultural, and aesthetic purposes, and • that contribute to the development of a balanced State program of historic properties. E. Grantor and Grantee have agreed to set aside a 23.5-acre area of the Property for the purpose of creating a conservation easement. The area is hereinafter referred to as the "Easement Area." The Easement Area is described in"Exhibit B"which is attached hereto and incorporated herein by reference as if fully set forth herein. The Easement Area has the following conservation values and serves the following conservation purposes: • to preserve, enhance, restore, and maintain the natural features and resources of the riparian buffer, to control runoff of sediment, and to improve and maintain the water quality, of portions of Rocky Run and its tributaries, • to preserve and maintain the natural features and resources of the riparian buffer, and to provide environmental, educational, and recreational uses, including riparian greenway along portions of Rocky Run and its tributaries, • to protect and preserve the ecological diversity including natural features such as Sevenmile Creek natural area for recreational, scientific, educational, cultural, and aesthetic purposes, and • to preserve and protect the natural, historic, and cultural features of the Easement Area containing or located next to the Moorefields Home and Grounds (c. 1785) listed on the 2of17