Wrightstown officials are in talks to potentially protect a 67-acre property in the township from future development.
On Monday, the municipality’s board of supervisors voted to authorize Souderton-based Indian Valley Appraisal Company to perform an appraisal of the property in question.
The appraisal, which will cost the township about $2,600, will look to determine the value of the land with its development potential and the value of the land as it would be with a conservation easement on it.
“This is one of those steps we take as we’re getting closer and closer in our negotiations to determine the value of the property and the conservation easement,” said Supervisor Chairman Chester Pogonowski. “It helps us set a price.”
Since negotiations regarding the possible easement are ongoing, township officials said they could not identify the property or say who owns the land. Supervisors were to have met in executive session after Monday’s regular board meeting to have discussed the potential easement purchase.
“This is an important part of Wrightstown’s Open Space Plan,” said Supervisor Jane Magne.
In Pennsylvania, a voluntary conservation easement is a legal agreement between a landowner and a land trust or government agency that permanently limits uses of the land in order to protect its conservation/natural values – the upshot of which is that significant development is typically prohibited under terms of the deals.
Such easements allow property owners to continue to own and use their land, as well as to sell it or pass it on to heirs.