Item Description:
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Amd 8 to Agmt A080788 with the MN Land Trust to co-hold three additional conservation easements in Minnetrista and two additional conservation easements in Independence; incr NTE by $120,000
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Resolution:
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BE IT RESOLVED, that Amendment 8 to Agreement A080788 with the Minnesota Land Trust to co-hold an 18-acre conservation easement in the city of Minnetrista (PID 11-117-24-21-0007), a 47-acre conservation easement in the city of Minnetrista (PID 11-117-24-24-0006), a 22-acre conservation easement in the city of Minnetrista (PIDs 11-117-24-21-0008 and 11-117-24-21-0002), a 37-acre conservation easement in the city of Independence (PID 20-118-24-33-0004), and a 17-acre conservation easement in the city of Independence (PID 29-118-24-21-0003), increasing the not to exceed amount by $120,000 to a new total not to exceed amount of $498,500, be approved; that the Chair of the Board be authorized to sign the Amendment and related easement documents on behalf of Hennepin County; and that the Controller be authorized to disburse funds as directed.
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Background:
The county works with local governments and landowners to conserve and protect natural resources and wildlife habitat. In 2016, the board approved the Natural Resources Strategic Plan and the Hennepin County Conservation Easement Program (Resolution 16-0144R2), which together established a framework to pursue conservation easements and criteria for evaluating conservation easement opportunities. In 2021, the county established a goal to acquire 6,000 acres of conservation easements in its Climate Action Plan.
A conservation easement is a set of development restrictions a landowner voluntarily places on their property to preserve its conservation value. The landowner retains ownership of the land and continues to pay property taxes.
The Minnesota Land Trust (MLT) is a Minnesota non-profit organization that acquires, holds, manages, and enforces conservation easements in Mi...
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