[Adopted 8-4-1998 by L.L. No. 27-1998; amended in its entirety 9-2-2021 by L.L. No. 17-2021]
The Town of East Hampton possesses a rich heritage of scenic and natural resources which are vital to the Town’s sense of place and to its economic success as a resort community. The lands which comprise these resources are rapidly being lost to development. The Community Preservation Fund has provided the Town with the financial resources and long-range vision necessary to protect these vital resources. The updated Community Preservation Project Plan provides the opportunity for the Town Board to assess its current protection priorities, and is specifically authorized by § 64-e of the Town Law and will serve as the basis for the expenditure of any monies realized under the Community Preservation Fund Law’s 2% real estate transfer tax, which is also authorized by § 64-e of the Town Law as well as Article 31-D of the Town Law.
For the reasons set forth in Section I[1] hereof, the Town Board hereby approves and adopts the "Community Preservation Project Plan,"[2] as amended, prepared by the Town Planning Department and Land Acquisition and Management Department dated August 19, 2021, said plan being intended to constitute, in its revised form, the Community Preservation Project Plan which is required by § 64-e of the New York Town Law and Article I ("Community Preservation Fund") of the East Hampton Town Code.
[1]
Editor's Note: "Section I" refers to Section I of L.L. No. 17-2021, adopted 9-2-2021.
[2]
Editor's Note: A copy of the current Community Preservation Project Plan is on file in the Town offices.