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This document certifies the appropriated funds for the purchase of agricultural conservation easements as part of Virginia’s Office of Farmland Preservation program.
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How to fill out certification of local purchase
How to fill out CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008
01
Obtain the CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS form from the appropriate authority or website.
02
Review the eligibility requirements outlined in the form to ensure compliance.
03
Fill in the applicant's information including name, address, phone number, and email.
04
Provide detailed information about the local project for which funding is requested.
05
Include the amount of matching funds being requested and any additional funding sources.
06
Attach documentation that demonstrates local support for the project, such as letters from local government or community organizations.
07
Sign and date the certification form to confirm the accuracy of the information provided.
08
Submit the completed form and attachments to the designated PDR program office by the specified deadline.
Who needs CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
01
Local governments and organizations involved in land conservation efforts that are seeking matching funds for development rights purchases.
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People Also Ask about
How much are development rights worth?
Roughly, the value of development rights is the difference between what agricultural land would sell for if it were sold for development and its value in agricultural use. The agricultural use value and development value are determined through traditional appraisal processes.
What are development rights in real estate?
The rights given to a property owner to control or develop land in compliance with all applicable land use regulations. An example of a type of development right is air rights. A landowner can sometimes sell their development rights separate from the ownership of the property.
How to value development rights?
How is the value of development rights determined? Roughly, the value of development rights is the difference between what agricultural land would sell for if it were sold for development and its value in agricultural use.
What is a purchase of development rights?
A PDR program creates the ability for a local government to limit or prevent development of land in with community growth management and land protection goals. Moreover, landowners are provided financial compensation, an important consideration where strong land use regulations may be politically controversial.
What is the purchase of development rights?
A PDR program creates the ability for a local government to limit or prevent development of land in with community growth management and land protection goals. Moreover, landowners are provided financial compensation, an important consideration where strong land use regulations may be politically controversial.
What are the farmland development rights?
What is a Farmland Development Rights Agreement (FDRA)? Through a Farmland Development Rights Agreement (FDRA), you receive property tax relief in return for your pledge not to change the use of your land. Caution: The FDRA restricts development of your land.
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What is CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
The Certification of Local Purchase of Development Rights (PDR) Program Matching Funds for FY 2007 - 2008 is a program designed to provide matching funds to local governments or entities that purchase development rights to preserve land for agricultural, environmental, or recreational purposes.
Who is required to file CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
Local governments, agencies, or organizations that have received funds for the purchase of development rights under the PDR program are required to file the certification.
How to fill out CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
To fill out the certification, you need to provide details such as the project title, funding amounts, descriptions of the purchased development rights, and any relevant supporting documentation to verify the purchase.
What is the purpose of CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
The purpose of the certification is to ensure transparency and accountability in the use of matching funds for the local purchase of development rights, promoting the preservation of valuable land resources.
What information must be reported on CERTIFICATION OF LOCAL PURCHASE OF DEVELOPMENT RIGHTS (PDR) PROGRAM MATCHING FUNDS - FY 2007 - 2008?
Information that must be reported includes the total amount of local funds used, details of the development rights purchased, geographical location, the purpose of the purchase, and compliance with program requirements.
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