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HomeMy WebLinkAboutPlanning July 22 20031 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. WHATCOM COUNTY COUNCIL Planning and Development Committee July 22, 2003 The meeting was called to order at 3:05 p.m. by Committee Member Laurie Caskey- Schreiber in the Council Chambers, 311 Grand Avenue, Bellingham, Washington. Present: Absent: Dan McShane None Seth Fleetwood Also Present: Barbara Brenner Sharon Roy COMMITTEE DISCUSSION 1. DISCUSSION REGARDING THE PURCHASE OF DEVELOPMENT RIGHTS PROGRAM — FUNDING ROUND I APPLICATIONS (AB2003 -198A) Kraig Olason, Senior Planner, stated that as soon as they find out the funding situation with the U.S. Department of Agriculture (USDA), they will know more. Whatcom County will get much less than they hoped. There are reasons to move ahead with purchasing the three properties. There is only one Council meeting in August. He wants to ensure that they can get at least one appraisal done this summer. The appraiser has an opening in October. The Purchase of Development Rights (PDR) Committee encouraged him to go back through the target areas since they've found out there is not enough speculative market value over the farmland value to get the farmers through the door. Rural land is what's left. McShane asked if the value is so speculative that the development right doesn't have much value at all if the land hasn't been zoned for more than one house per 80 acres. Olason stated that is what the appraiser is saying, in the agriculture zone. If someone is adjacent to Lynden, there is more value. There is one application, the Mouw property, that is adjacent to Lynden. The question will be how the Mouw appraisal will come out. They did a survey to get an idea of the range of values. The Gorsegner property, which rated number two, is the one the USDA rated as the highest property that Whatcom County submitted. It is rated fifth out of 29 farms overall that made application. He doesn't know if there will be enough money Planning and Development Committee, 7/22/2003, Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. to fund that farm. They have almost run out of money, and will hopefully find additional funds. They felt confident that there may be some money available. Caskey- Schreiber stated it sounds like it will take time before they find out if there are additional federal funds. She is hesitant about putting the program on hold. Olason stated it won't take months. The County has until September 30 to get a completed agreement with the federal government. If they don't appropriate the money, it goes back into the fund and gets lost. It could happen the end of this week or the end of this month. Brenner stated the federal contribution is not a total match. She asked if that would make the rules more flexible. The farmers would rather get paid in installments. Olason stated that if the County takes payment from the federal government, it has to be done according to USDA rules, which is in one lump payment. The County could consider installment payment options for the other two properties. When staff got together with the PDR committee, the committee members were concerned that the County doesn't stall too long on moving forward. Round two is open right now. He's only received one call regarding round two. Everyone is waiting to see how this round goes. The committee recommended taking all three applications and starting the program off strong. Then look at funding issues as they relate to Conservation Futures funds. Caskey- Schreiber asked if the PDR Committee looked at implementing payment options. Olason stated he has information (on file) on costs. He met with the Finance Division and Treasurer's Office about doing this. The costs in his handout are based on a survey that estimated the cost range from high to low. He chose the high numbers for the cost estimates on this handout. These numbers could be adjusted once they receive the appraisals. The cost estimates for all three properties total $1.8 million. Additionally, there are appraisal fees the County would have to pay. There is also the contract with the Whatcom Land Trust. That money will go into an account for the long -term legal monitoring and enforcement for the conservation easement. It is a one -time cost, estimated at six percent of the first $100,000 and four percent of the remaining value. Brenner asked if there is any chance they can renegotiate the contract amount for the Whatcom Land Trust. That number looks very high. She asked if that cost can come out of the Conservation Futures fund. Olason stated it could. This one -time contract payment is for many years of annual monitoring with enforcement responsibility that the County won't have. They will have to go out every year to make sure the easement hasn't been violated. The easement's overall intent is to maintain the land so it's viable for agricultural use in perpetuity. Brenner stated a percentage doesn't feel accurate. She asked if they could renegotiate. Planning and Development Committee, 7/22/2003, Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. Roy stated this is a one -time payment for the Whatcom Land Trust to manage this property forever. When you look at it that way, it doesn't look like that much money. McShane stated the County is lucky that the Land Trust is doing this. Their board is also taking a gamble. Olason stated a study was done that showed the average cost for handling a violation being between $30,000 and $60,000. There is a dispute resolution process in the easement. Brenner stated the amount seems reasonable if they have to pay for a lawsuit. Olason stated there might be some other fees in the closing and escrow process. They would also have to be accounted for. He provided a handout that identifies the installment option (on file) as an alternative to a lump sum payment. The Gorsegner property won't be eligible for the installment option. It will be just for Mouw and Holz. The handout shows the different estimates for three different levels of interest. The installment payments don't require the headaches that bonding requires. When they discussed bonds, they looked at general obligation bonds and revenue specific bonds. Brad Bennett generated the remaining pages of the handout. Brenner stated the payments over a certain amount of years would not deplete the Conservation Futures fund as quickly. Caskey- Schreiber stated that is correct, but it will cost the County to do that. Olason stated they could also weigh the land appreciation value. Time is money. Snohomish County is bonded and uses its Conservation Futures fund to pay for the bond. Different counties have done this. They could roll the installment payment monies into the bond after the fact. Considering the fact that they will have a lot of fees with bonding, the simple interest option may be a better deal. Bonds have a lot more limitations. Caskey- Schreiber asked if the PDR Oversight Committee, Finance Committee, or Executive have expressed a recommendation. Olason stated the original PDR Committee included it as an option to work on. The PDR Oversight Committee is fine with it. The question for the County is whether it is worth it for the extra interest costs. Brenner asked what Brad Bennett's recommendation was. Olason stated Brad Bennett didn't think it would be that big of an issue. They would track it as a liability against the Conservation Futures fund. There would be allocated liabilities against the annual fund amount. Planning and Development Committee, 7/22/2003, Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. McShane stated there will be a County debt policy that will come before the County Council at some point in the future. There has been some discussion about bonding in that context. Olason stated it is an open space issue. There will be other Parks, PDR, and other requests. There was some talk about having an overall plan for the County. The more active the programs are, the bigger the issue will be. McShane stated they need flexibility in the debt policies to take advantage of opportunities. Olason stated Snohomish County came out with $22 million from its bond. They wanted to move forward with a large list of items. Fleetwood asked the percentage of their overall program that money was able to buy. Olason stated he would find out. They purchased more than agricultural land. Troy Holbrook, Program Coordinator, stated Snohomish County has an established Conservation Futures program with a screening process and oversight committee. They take in applications once per year, as do many other counties, go through a screening process, rank them, and fund them according to their ability. Seven years ago, the Snohomish County Council decided to fund all the projects, which required the County to bond. The projects ranged from parkland to open space. They are two years away from paying off that bond and making new acquisitions. Fleetwood asked if that was an annual deal. Holbrook stated they would wait until the bonds are paid off and more funds accumulate into their Conservation Futures fund. Brenner asked how much there is in Whatcom County's Conservation Futures fund now. Holbrook stated there is approximately $2.2 million now. They receive approximately $750,000 annually. Caskey- Schreiber asked if the County has a choice in interest rates. Olason stated they would go with the market rate. An attorney will write up an installment purchase agreement they can use. The market was previously at about one and a half percent. It's not at three percent now. That may be an incentive for people to get it paid off in five years instead of ten years. They won't have to pay five percent. Fleetwood asked about the Farm and Ranchland Protection Program. He asked how long it has been in place. Olason stated it has been at least three or four years. Fleetwood asked if they can get a sense of the trend of how much they are paying Washington State. Olason stated the number of states taking advantage of the Act went up to 44 from 33. More states are participating. The Farm Bill allows Planning and Development Committee, 7/22/2003, Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. for up to a certain amount annually to go into these programs. The amount they authorized was reduced, and there were more participants. The ranking criteria that USDA used for adjacency to other protected properties is biased against a new program that isn't adjacent to anything. When they target areas, every time they move to a new area, they are not going to have anyone adjacent to anyone else. That will continue to be a problem. The ranking is fairly competitive, so it's a big issue. Fleetwood asked what they mean when they say they must demonstrate a commitment to the program. They can obviously demonstrate commitment by funding the whole thing. He asked the importance of funding everything, and if it will increase the likelihood that they are eligible for money in the future. Olason stated he didn't know. He would think they would try to encourage more programs, but they chose to stick with known commodities. For Whatcom County's program, the question is whether they are going to have a program that is based too solely on the USDA funding. The successful programs are primarily funded through local and state governments. Skagit County has a successful program in a way, but they might not be able to continue if the USDA funds dry up. Fleetwood asked how they differentiate in their decisions next year from this year, assuming all the conditions are the same for round two. He asked when they would decide that they would put the Conservation Futures funds to a park instead of to this. Olason stated that goes back to a discussion of needing an overall, countywide approach to open space. This is one program. They are going to have to make those decisions. Caskey- Schreiber stated the timing is crucial for these applications because the areas are already zoned for development. These people have been waiting a long time. This is different from how they might go about it in the future. That's the impetus for acting now. It would encourage the agricultural community and let them know that this program is important to the County and that the County wants to keep as much acreage as possible in agriculture. Brenner stated she supports buying the three properties. She would like to wait and see if they get extra money from the USDA. Olason stated he would take any extra money he can get. McShane moved to recommend to the full Council that staff proceed with the appraisals on the Holz and Mouw properties so the County can go ahead with the three Round I purchases. Unfortunately, committing to farmland open space is not free. They need to think beyond just the current program if they are really going to be committed to this. Motion carried unanimous /y. Brenner stated she supported the motion. Planning and Development Committee, 7/22/2003, Page 5 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 DISCLAIMER: This document contains the Whatcom County Council or Committee minutes, as approved. However, unless an attested signature page is attached, they are not the final approved minutes. Roy stated she also supported the motion. OTHER BUSINESS There was no other business. ADJOURN The meeting adjourned at 3:45 p.m. Jill Nixon, Minutes Transcription ATTEST: Dana Brown - Davis, Council Clerk WHATCOM COUNTY COUNCIL WHATCOM COUNTY, WASHINGTON Seth Fleetwood, Committee Chair Planning and Development Committee, 7/22/2003, Page 6