Laserfiche WebLink
<br />It should be noted that leveraging the City’s funding for the acquisition of these properties may not be <br />possible under an eminent domain scenario or if purchase offers exceed appraised value. The <br />following chart identifies external funding sources typically utilized for natural area acquisition and <br />limitations on the use of their funding. <br /> <br />Eligible to Apply for <br />Funding for Beverly Eligible with Use of Eligible if purchase price <br />GRANT PROGRAM and Green Properties Eminent Domain exceeds appraised value <br />YES NO NO <br />USDF, Forest Legacy Program <br />YES NO NO <br />USFS, North American Wetlands <br />Conservation Act <br />YES YES NO <br />Oregon State Parks, Local <br />Government Grant Program <br />YES NO NO <br />Oregon Watershed Enhancement <br />Board <br /> <br /> <br />Summary <br />The Beverly and Green properties represent an opportunity to obtain land that is adjacent to existing <br />Ridgeline Parkland and has high natural resource values with respect to water quality and wildlife <br />habitat. While these properties will not enhance the recreation values of the Ridgeline Trail by any <br />substantial measure, both properties would make good additions to the City’s park system as natural <br />areas if acquired at or near to a raw land value. <br /> <br />Page 2 <br />