RESOLUTION

A RESOLUTION TO APPROVE FUNDING FOR PURCHASE OF DEVELOPMENT RIGHTS (PDR) WITHIN THE OLD DOMINION ELECTRIC COOPERATIVE (ODEC) MITIGATION AREA

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, on October 20, 2003, the Fauquier County Board of Supervisors resolved that funding from Old Dominion Electric Cooperative (ODEC) will be applied to the PDR Program solely for qualified PDR’s within the five-mile radius of the power plant to mitigate negative effects of that plant, and that applications would be accepted until December 22, 2003; and

WHEREAS, Old Dominion Electric Cooperative (ODEC) will contribute funds totaling $1.5 million for purchase of development rights on properties located within a five-mile radius of that company’s new peaking power plant; and

WHEREAS, the Fauquier County Board of Supervisors created the PDR Committee to assist the Board of Supervisors in selecting qualified farm properties for preservation; and

WHEREAS, on September 2, 2004, the PDR Committee reviewed five PDR Program applications and, after evaluation of applicant properties, determined all of the properties meet the eligibility criteria and will be excellent additions to the Program and recommends the purchase of development rights on all five farms; and

WHEREAS, the PDR Committee also recommends that the Board of Supervisors require that the overwhelming majority of available development rights on each farm be purchased so as to avoid future conflicts with farming operations and to assure long-term agricultural viability;

WHEREAS, on September 9, 2004, the Fauquier County Board of Supervisors resolved to approve funding for Purchase of Development Rights within the Old Dominion Electric Cooperative (ODEC) Mitigation Area;

WHEREAS, it has become necessary to revise the number of development rights offered thereby revising the cost to the County; now, therefore, be it

RESOLVED by the Fauquier County Board of Supervisors this 14th day of October 2004, That the County Administrator be, and is hereby, authorized to negotiate and execute the purchases of the following eligible development rights as determined by the PDR Committee:

Applicant                    Acres              Parcels                        Development Rights              Cost

Morgan B. Ott, III             115                                1                                                  6                                                   $120,000

Claude E. Chapman          124.5                             3                                                  10                                                 $200,000

Calvin L. Ritchie               150.39                           1                                                  7                                                   $140,000

Wilbur E. Ritchie, II          137.5                             2                                                  10                                                 $200,000

Edward Brock Price          286.497                         5                                                  21                                                 $420,000

TOTALS                           813.887                       12                                                54                                                 $1,080,000