Purchase of Middle Farms property owned by Fishers Island Utility Company

To: Supervisor Russell
Town Board
Town Clerk
Land Preservation Committee
Town Attorney
Public Works
Land Management
Suffolk Co Division of Real Estate
Tax Assessors
Building Department
Town Comptroller
Planning Board
Trustees
The Nature Conservancy
Peconic Lant Trust, Inc.

From: Melissa Spiro, Land Preservation Coordinator

Date: November 7, 2019

Re: FISHERS ISLAND UTILITY COMPANY, INC. to TOWN OF SOUTHOLD Open Space Acquisition

Please be advised that the Town of Southold has acquired fee title to the property listed below. If you would like any additional information regarding the acquisition, please feel free to contact me.

LOCATION: No # East End Road, Fishers Island

SCTM #: 1000-3.-7-3

PROPERTY OWNER: Fishers Island Utility Company, Inc.

CONTRACT DATE: August 30, 2019

PURCHASE DATE: Closing took place November 6, 2019

PURCHASE PRICE: $480,000.00

OPEN SPACE: 5,53 acres

FUNDING: Community Preservation Funds (2% land bank)

MISCELLANEOUS: The Town has acquired this property for open spave purposes including passive recreation, access to Middle Farms Pond, and wetland protection. All uses of the property will be subject to a Stewardship Management Plan which will be developed for this property and will be subject to Town Board approval.

Property Survey Map. Click to enlarge the image.

LEGAL NOTICE
NOTICE OF PUBLIC HEARING

NOTICE IS HEREBY GIVEN that pursuant to the provisions of Chapter 17 (Community Preservation Fund) and Chapter 185 (Open Space Preservation) of the Town Code, the Town Board of the Town of Southold hereby sets Tuesday, August 27, 2019, at 7:00 pm, Southold Town Hall, 53095 Main Road, Southold, New York as the time and place for a public hearing for the purchase of open space fee title on property owned by Fishers Island Utility Company, Inc. Said property is identified as SCTM #1000-3.-7-3. The address is No # East End Road, Fishers Island, New York, and is located on Middle Farm Pond at the easterly end of Fishers Island, in the R-120 zoning district. The proposed acquisition is for fee title of the undeveloped parcel that is 5.4± acres.

The property has been offered for sale to the Town of Southold as open space vacant land. The purchase price is $480,000.00 (four hundred eighty thousand dollars). The property will be acquired using Community Preservation Funds.

The property is listed on the Community Preservation Project Plan List of Eligible Parcels for the purpose of establishing parks, nature preserves, or recreation areas and watershed protection. The Town is acquiring the property for open space purposes including passive recreation, wetland and watershed protection. Proposed uses for the property may include the establishment of a passive recreational trail. The Town of Southold may enter into a License Agreement with the Henry L. Ferguson Museum Land Trust for the Land Trust to steward the property for open space purposes. All uses will be subject to a Town Management Plan that will be developed for this property.

The Land Preservation Coordinator has reviewed the acquisition in accordance with Chapter 117 (Transfer of Development Rights) of the Code of the Town of Southold, Section 117-5. One (1) Sanitary Flow Credit may be available for transfer from the property upon the Town’s purchase of the property. The transfer of the Sanitary Flow Credit will not be finalized, and shall not occur, until the Town closes on the property, and the Town Board passes a resolution allowing the transfer of such credit into the Town TDR Bank.

FURTHER NOTICE is hereby given that a more detailed description of the above mentioned parcel of land is on file in Land Preservation Department, Southold Town Hall Annex, 54375 Route 25, Southold, New York, and may be examined by any interested person during business hours.

Dated: August 13, 2019
BY THE ORDER OF THE SOUTHOLD TOWN BOARD
Elizabeth A. Neville
Southold Town Clerk

Hearing Resolution

Published August 15, 2019, prior to AUGUST 22, 2019 EDITION OF THE SUFFOLK TIMES AND PROVIDE ONE (1) AFFIDAVIT OF PUBLICATION TO THE SOUTHOLD TOWN CLERK’S OFFICE, PO BOX 1179, SOUTHOLD, NY 11971.

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