CPA Projects – Detailed Report


Project Information
Sawmill Brook Conservation Project
West Newbury
54126
324
The Town’s acquisition of the two parcels of land comprising the Sawmill Brook Conservation Project, with assistance from Essex County Greenbelt Assn., Inc., will permanently preserve 32 acres of important open space and wildlife habitat on the western side of the Town’s Mill Pond / Pipestave Hill Conservation and Recreation Area. CPA funds will be 100% matched by either a state grant and/or fundraising by Greenbelt. Greenbelt will facilitate the real estate portion of the transaction, including holding the Purchase & Sale Agreement, and conducting due diligence (appraisal, title exam, and environmental site assessment). Greenbelt would hold the  conservation restriction on the property as is required for municipal lands acquired with CPA funds. The acquisition would be for passive recreational use, expanding the Town’s Pipestave Hill / Mill Pond conservation area, and allowing for trail expansion and the opportunity to enhance public access from Archelaus Place.
Project in progress
04-24-2023
Project Category
Yes        
Project Details
Housing Units
0
0
0
Acres
32
0
0
0
 
0
32
CPA Funding
$210,200
$0
$0
$0
$0
$210,200
$0
0
 
$0
Other Funding Sources Leveraged
$0
$100,000
$394,800
$0
$14,350
Essex County Greenbelt is absorbing the real estate transaction costs (legal, appraisal, title exam, environmental site assessment), with these estimated costs totaling $14,350.
Total Project Cost
$719,350
$509,150
Show fields from Show fields from Show fields from a related table