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HomeMy WebLinkAboutTB 2023-149 Authorization for Park Foundation Grant - Sage Preserve AcquisitionMEETING OF THE ITHACA TOWN BOARD September11, 2023 TB Resolution 2023 - 149: Authorization to Apply for Funding through the Park Foundation to Purchase Approximately 135 Acres of Land on South Hill Whereas, the Park Foundation is currently accepting funding request proposals and includes a funding priority for “Sustainable Ithaca” with a category for “Ecosystem Conservation,” and Whereas, the Town of Ithaca is seeking to purchase approximately 135 acres on South Hill (located off King Road East, Chase Lane, Ridgecrest Road, and Schickel Road), to be included as a Town preserve, and Whereas, the Town estimates the total cost to be approximately $674,000 for the acquisition of the property, and Whereas, the landowner has offer to sell the approximately 135 acres to the Town at 80% of the appraised value, which reduces the overall cost to $543,000, and Whereas, the Town of Ithaca has also applied under the 2023 Environmental Protection Fund Grants Program for Parks, Recreation and Heritage for $443,000 for this acquisition project, and Whereas, Park Foundation applications are due by September22, 2023; now, therefore, be it Resolved, that the Supervisor of the Town of Ithaca, or designated representative, is hereby authorized and directed to file an application for the acquisition of the approximately 135-acre property on South Hill through the Park Foundation for $100,000, and upon approval of said request to enter into and execute a project agreement with the Park Foundation for such financial assistance to the Town of Ithaca. Moved: Rod Howe Seconded: Eric Levine Vote: ayes – Howe, Levine, DePaolo, Bleiwas, Johnson and Rosen