A.
The State of New York, by various legislative enactments, including but not limited to General Municipal Law § 247 and Environmental Conservation Law § 49-0301 et seq., has emphatically stated it to be a most important state policy to provide for open space and to conserve, protect and encourage the improvement of agricultural lands, both for production of food and the preservation of such lands as valued natural and ecological resources. The Legislature has determined that the acquisition of open spaces and areas is a valid public purpose and that the expenditure of Town funds to acquire legal interests and rights in such lands is in furtherance of such policy and is a proper expenditure of public funds for public purposes.
B.
It is the purpose of this chapter to provide for the preservation of open space and areas which shall constitute a public purpose for which public funds may be expended or advanced after due notice and a public hearing, by which the Town of Red Hook may acquire a fee interest, easement, covenant or other contractual right necessary to preserve "open space" as the same is defined in § 58-2 herein. Any eligible parcel, as hereinafter defined, must be i) suitable for further development so that the acquisition of rights by the Town provides a benefit to the Town, or ii) suitable for future public recreational use as determined by the Town. The Town believes that the preservation of parcels of land containing open space and subsequent alienation of rights in such parcels throughout the Town will preserve the aesthetic natural beauty and ecological natural resources and that same constitutes a valid public purpose.