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<br /> <br /> <br />In addition to acquisition costs, the City would incur the costs of annual monitoring and reporting. The <br />following is an estimated annual cost for performing these services by the City assuming all 513 <br />conservation easements would be acquired: <br />$67,000 to $95,000 <br />Estimated Annual Monitoring and Enforcement Costs: <br /> <br />Perspective from Local Land Trust Agencies <br />In researching background information about conservation easements, staff met with experienced <br />representatives from the McKenzie River Trust and had conversations with The Nature Conservancy. <br />Upon learning more about the objective of protecting waterways on 513 properties, and that this <br />proposal fills gaps in an existing regulatory framework, the McKenzie River Trust representatives <br />expressed their opinion that a conservation easement approach would be inappropriate and problematic <br />in this application. The following is a brief summary of those meetings and discussions: <br /> <br />·A conservation easement is a legal agreement between a landowner and a land trust or a <br />governmental agency that permanently limits property rights in order to protect “public value.” <br /> <br />·The value and cost of the easement is directly related to the extent to which property rights are <br />restricted. <br /> <br />·Conservation easements typically involve a specific resource site under single ownership <br />involving a willing seller who shares the public value for protecting the resource. <br /> <br />·People are typically motivated to grant conservation easements by their desire to protect their <br />property from unwanted development while at the same time retaining ownership of their land. <br />By granting a conservation easement, a landowner can assure that the property will be protected <br />in perpetuity, regardless of who owns the land in the future. <br /> <br />·While financial gain is not typically the primary motivation for granting a conservation <br />easement, easements that are donated can reduce estate taxes and property taxes. <br /> <br />·Monitoring and enforcing conservation easements can be problematic for situations involving <br />property owners who do not share the value of protecting the intended resource. <br /> <br />·For programs aimed at achieving protections in urban areas affecting numerous parcels, the <br />conservation easement approach is not likely to be an effective protection tool for a variety of <br />reasons: <br />>Timing: given the timeframe needed to negotiate and fund each easement, implementation will <br />occur over time putting resources at risk of being developed and impacted; <br />>Protection Gaps: there will likely be unwilling sellers which could result in a scattering of <br />protections versus an approach where all parcels along waterways are protected from a given <br />point in time; and <br />>Cost: assuming funding is available, acquisition and on-going inspection, reporting and <br />enforcement costs will be high. <br /> <br />ADDITIONAL BACKGROUND <br />Drivers for Proposed Water Quality Protected Waterways <br />Eugene’s waterways are part of the larger Willamette River watershed system that provides many <br />beneficial uses such as recreating, fishing, irrigation, and drinking. The main stem of the Willamette <br />River flows through Eugene for approximately six miles. Surface runoff from Eugene’s urban growth <br />boundary is conveyed to the Willamette River, either via direct outfalls, or via a combination of pipes <br />and open waterways, including Amazon Creek, Willow Creek, the Amazon Diversion Channel, the A3 <br />Channel, Fern Ridge Reservoir, and the Long Tom River. These waterways do not meet water quality <br /> Z:\CMO\2009 Council Agendas\M090128\S090128A.DOC <br />