[Adopted 12-12-2017 by Ord. No. 2017-07]
The purposes of this article is to authorize the Board of Supervisors
to follow the procedures established herein to review and rank farm
and open space lands eligible for permanent preservation; and to establish
the price the Township will pay to purchase complete title to, or
interests in, farm and open space lands for the purpose of permanent
preservation.
As provided by Act 153 of 1996 (the Open Space Lands Act) and
West Bradford Township Ordinance No. 17-04, a referendum was conducted
during the election of November 2017 wherein the registered voters
of West Bradford Township approved an increase in the current tax
on earned income by 1/4 of 1% (.0025) to raise revenue for the permanent
preservation of farm and open space lands.
The Board of Supervisors hereby establishes that the price that
will be paid, on a per-acre basis, for either acquisition of complete
title to, or for the purchase of interests in, eligible and high-ranking
farm and open space lands will not exceed the per-acre value established
by a real estate appraisal conducted by a qualified professional in
accordance with publicly accepted and established standards.