It is hereby determined that the Town Board may acquire places determined to be of an historical nature, including buildings and sites and memorabilia. Such acquisition shall be performed in the following manner:
A.
The Town Board shall notify the property owner or owners that it desires to protect, enhance and perpetuate such site or property as an historical site or building.
B.
Thereupon the Town Board and the property owner may meet and determine whether an adequate compensation for such property can be agreed upon.
C.
In the event that the parties can not agree, each may be entitled to the appointment of one appraiser, together with one appraiser who shall be appointed by mutual consent. The figure arrived at by these appraisers shall be binding on both parties.