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i <br /> Community Preservation Committee <br /> Minutes - <br /> June 13,Zoo <br /> Mills FarniN Lands-- $727,000: <br /> Discussion followed regarding the acquisition of the open space property <br /> located in an area of Town conservation land and the Sarruit fond. The <br /> proposal is consistent with the use of CIA funds for the preservation o <br /> open space at a cost of approximately $45,000 per acre. <br /> The majority of the Cottee considered the property to the highest <br /> regard in the interest of conservation and to protect the quality of drinking <br /> water supply by preserving lands within a wellhead protection zone. <br /> State reimbursement grants to assist with the funding of the project <br /> proposal were given high consideration although finding limitations for <br /> other CPA protect applications were also considered. <br /> Issues to be addressed include the matter of the lard exchange of a portion <br /> of the Mills family land for Town non-conservation properties to assemble <br /> meaningful parcels for both parties. The matter was deemed an issue to be <br /> brought before the Board of Selectmen.- The exchange details a swap for <br /> five parcels owned by the Town, a total of o.5 acres for approximately <br /> 0.51 aures of Mills family lands. other issues Include the need for an <br /> appraisal and to further review the matter of paper roads and related <br /> access. <br /> In the application,the Mills family has agreed to extend the closing slate <br /> no later than June 30,2007 in order for the Town to qualify for potential <br /> grant funding. <br />