Sponsor:                                                                   Board of Supervisors meeting Date:

Raymond E. Graham, Cedar Run District Supervisor                              July 21, 2003

Staff Lead:                                                                                              Department:

G. Robert Lee                                                                                County Administrator

Peter Mitchell                                                                              Agricultural Development


A Resolution to Fund the Fauquier County Farmland Purchase of Development Rights (PDR) Program

Topic Description:

The proposed Purchases of Development Rights (PDRs) are included in the attached resolution.

Requested Action of the Board of Supervisors:

Consider adoption of the attached resolution.

Financial Impacts Analysis:

The total purchase amount for PDRs on 1,624 acres of land is approximately $1,600,000.   It is anticipated that Fauquier County will receive $1,500,000 from Old Dominion Electric Cooperative (ODEC) specifically for the purchase of development rights within five miles proximate to the ODEC peaking power plant.  The County presently has $416,000 collected in rollback taxes.  Future rollback taxes and penalties are earmarked for future funding of the PDR program.   Purchased over time, these funding streams will provide sufficient funds to acquire all proposed development rights.

Identify Any Other Departments, Organizations or Individuals that Would be Affected by This Request:

County Administration

Agricultural Advisory Committee

Agricultural Development Office

Community Development Office

County Attorney ís Office

Graphic Information Services Department