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18 <br /> 5. Recreational and Accessory Structures; <br /> 6. Farmstead. <br /> v. No more than one residential structure may be located in a farmstead <br /> building envelope for residential use.No more than three farmstead <br /> building envelopes for residential use may be included in one conservation <br /> easement. <br /> vi. If areas are excluded from the easement,they must be identified and <br /> removed from the acreage, and legal access must be shown to those sites. <br /> vii. Use the most up-to-date aerial imagery to show current land use. <br /> viii. Include the PINs for each parcel on the map. <br /> ix. Projects funded through the Present-Use Value (PUV) Conservation <br /> Easement Program are required to follow those program rules.Additional <br /> restrictions on boundaries,parcels, and farmstead building envelopes will <br /> apply. <br /> • Easement-Holding Entity Review <br /> i. If the Grantee is not the easement-holding entity for the agricultural <br /> conservation easement, a qualifying entity must be submitted for review <br /> and approval. County governments, Soil and Water Conservation <br /> Districts, and land trusts are qualifying entities under this contract. <br /> 4. After NCDA&CS approves the AGZ Parcel Approval Form,the Grantee is required to submit a <br /> budget and proof of secured local easement purchase funds.All budgets and proof of secured <br /> local easement purchase funds will be submitted via ShareFile. Below are the requirements for <br /> the budget and proof of secured local easement purchase funds: <br /> • Agricultural Conservation Easement Purchase Funds <br /> i. Select funding program <br /> 1. Standard Conservation Easement Appraisal Process <br /> 2. Present-Use Value (PUV) Conservation Easement Program <br /> ii. Determine easement purchase value through evidence-based methods <br /> 1. PUV Conservation Easement Program must use a current-year tax <br /> card <br /> 2. Grantees are highly encouraged to order a qualifying appraisal,per <br /> the Appraisal Requirements and Checklist for Conservation <br /> Easement Programs,before submission of the AGZ Parcel <br /> Approval Form. Otherwise, the Grantee may refer to the current <br /> version of the Conservation Easement Application Budget <br /> Instructions for acceptable estimated easement purchase value <br /> methods. <br /> iii. Identify all sources of easement purchase funds <br /> 1. The full easement purchase value, including cash and in-kind <br /> sources,must be accounted for in the easement purchase line item. <br /> 2. Easement purchase funds from the ADFP Trust Fund and the <br /> qualifying local source must be equal. <br /> 3 <br />