RESOLUTION

A RESOLUTION TO APPROVE A DECREASE OF $5,000 IN THE PAYMENT PER DEVELOPMENT RIGHT IN THE PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM

 WHEREAS, on February 19, 2002, the Fauquier County Board of Supervisors adopted the Purchase of Development Rights (PDR) Program to acquire conservation easements for the purpose of protecting agriculture, providing open space, ameliorating the impact of development on the County, and authorizing payment of $20,000 per development right; and

WHEREAS, a total of 6,727 acres have been approved by the Board of Supervisors in the PDR Program to date; and

WHEREAS, on October 13, 2005, the Board of Supervisors authorized an increase in the PDR payment to $30,000.00 per Development Right; and

WHEREAS, on April 13, 2009, the PDR Committee discussed a proposed revision in the PDR payments to reflect the decreasing real estate values and recommends a decrease in the price paid per development right in the PDR Program to $25,000.00; now, therefore, be it

RESOLVED by the Fauquier County Board of Supervisors this 14th day of May 2009, That the Board of Supervisors does hereby approve a decrease of $5,000 in the payment per development right in the Purchase of Development Rights (PDR) Program for 2009 applicants. 

                                                                                    A Copy Teste

 

                                                                                    Paul S. McCulla

                                                                                    Clerk to the Board of Supervisors

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