|
Ten years ago, there was no local office or local
support system in place for the landowner who wanted to limit the
land’s development potential and preserve the land’s agricultural
opportunities. Today, with
several thousand acres of land in conservation easements, this situation
has changed dramatically. State
and national land trust organizations that once had to be courted, now
come voluntarily to Routt
County for the opportunity to participate in a region of major
conservation successes. What
was an occasional event – the donation of an agriculture easement to a
land conservation organization – has become and ongoing process which
combines sales and donations, and which involves a number of local
businesses.
Aside from a strong local impetus for land
conservation, there have been major financial commitments made by
federal, state and local governments in this same ten year period.
The federal government has appropriated funds for the
preservation of agricultural lands, the state government, through Great
Outdoors Colorado (“GOCO”), has made a major commitment to the Yampa River valley; Routt County taxpayers
approved a tax increase that allows the County to purchase development
rights from landowners. The
City of Steamboat Springs appropriates money each year for land
conservation efforts which frequently extend beyond the City’s
boundary.
Historically, the incentive to a property owner
was some possible tax benefits for a charitable contribution of a
conservation easement, which might combine with the owner’s love of
the land or a life style to bring about such a gift.
However, with cluster development options and incentives from
Routt County, and with potential government funds for purchase of some
development rights, the options have become much more complex.
This community is fortunate to have two
non-profit land conservation organizations with a full-time staff
presence here – The Nature Conservancy and the Yampa Valley Land
Trust. These land
conservation organizations provide a wealth of information on all of the
programs and opportunities that are available.
They can explain the general process and costs of embarking upon
a conservation easement donation effort.
And, they can refer the owner to some of the knowledgeable
professionals who will be able to assist the owner’s effort.
The local businesses and professionals who
assist an owner with easement donations or sales include: accountants
who are familiar with federal and state tax implications of a gift or
sale of a conservation easement; attorneys who are familiar with real
estate transactions and with conservation easements in particular;
appraisers who have both the credentials and the experience to value a
property “as is” and “if subject to the conditions of a specific
conservation easement”; and, land planners or wildlife experts who can
identify the agriculture or conservation values that are appropriate for
protection. In the
complicated business of conservation easements, this collective
expertise is essential for even a simple conservation easement.
In addition, there are frequently other
professionals whose knowledge and skills are necessary for an easement
effort to come together. Due
to mineral rights issues, some sites will require a geologic evaluation.
Surveyors can be required to delineate an area that is being set
aside for some future family house site.
In other circumstances, a realtor, a banker and an engineer may
be necessary for the transaction to work.
If public funds are involved then there will be government staff
involved, and in all transactions a real estate title company, and the
considerable efforts of a land conservation organization.
The net result of all of this activity is that
land conservation has become a significant regional business and an
integral part of this region’s economy.
Millions of dollars come into the region from state and local
government funding, and other funds come in the form of purchases by
conservation buyers (people buying land for the purpose of conserving
it) and in the form of general gifts or contributions to the charitable
organizations that do land conservation work in this area.
And, as suggested above, the professional support needed for a
single transaction to work for the owner’s best interests can be
substantial.
For further information about regional
land conservation activities, the best local resources are
available at the offices of The Nature Conservancy and the Yampa Valley
Land Trust, in Steamboat Springs.
|