DEPARTMENT: Office of EastPoint & Real Estate
DEPARTMENT HEAD: Mike Etienne
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT: Edwards Aquifer Protection Program - Conservation Easement Acquisition
SUMMARY:
An ordinance authorizing the acquisition of a conservation easement on a 1,958-acre tract of land known as the Horton Ranch located in Uvalde County, Texas, in the amount of $1,892,877.18, to Texas Heritage Title Company, as escrow agent for costs associated with acquisition of real estate interests, due diligence and closing costs.
This ordinance, necessary under the Proposition One Edwards Aquifer Protection Venue Project, authorizes the execution of documents to accomplish said acquisition.
BACKGROUND INFORMATION:
In May of 2000, voters approved the first program, a 1/8-cent sales tax venue up to $45 million, for the acquisition of lands over the Edwards Aquifer, for parks and watershed protection. That program, referred to as "Proposition Three," ran from 2000 through 2005, was limited to Bexar County and acquired more than 6,500 acres as Natural Areas for the City of San Antonio.
The current program is an extension of that initial endeavor, although the scope was narrowed to watershed protection and, due to a change in state legislation, funds could be expended outside of Bexar County. The purpose of the Edwards Aquifer Protection Program is to obtain property rights by fee-simple purchase, conservation easements or donations of land over the sensitive zones of the Edwards Aquifer. This Program, referred to as "Proposition One," also is funded with the 1/8-cent sales tax up to the amount of $90 million.
The purchase of a conservation easement on the Horton Ranch is presented for consideration to the City Council under the Proposition One Edwards Aquifer Protection Venue Project, which was approved by the voters in November 2010. The City Council-approved Conservation Advisory Board has reviewed and recommended this acq...
Click here for full text