PRESERVING the
vistas we love
for future generations
The Land Trust has acquired land in a
numbers of ways since it was established in 1987 as Alabama's first land trust.
The majority of property has been added via
donation from land owners. There has
been some acreage added as purchase/donations. Also, The Land Trust currently has two properties that are called Life
Estates. Another way to protect
land is through a Conservation
Easement.
Land Donations
occur when a landowner wants to see
land preserved and is entitled to deduct the appraised value of the land from
his or her taxes. Many properties have
been acquired in this manner. Developers
have especially utilized this method, as it allows them to donate and preserve
portions of property that have development constraints.
Land Purchase/Donations happen when a landowner is
paid for part of his property and donates part of the property for a tax
deduction. Grant monies and general
Land Trust funding are used to pay
for the property. All of The Land
Trust’s land acquisition funds are raised through memberships,
gifts, corporate sponsorships, and fund raising events. There is no consistent, dedicated source of funding at this
time to support land purchases.
Life Estates are used by landowners who want to
continue to use their property during their lifetime but want to insure that
their preservation wishes are carried out after their death.
The property is already deeded to The Land Trust but the land owner
continues to have full use of the property during his or her lifetime.
There is one working farm and one wetland currently being preserved
as Life Estates.
The Land Trust's Land Acquisition Committee
is led by volunteers.
The committee meets once a month. All
properties are rated according to the following criteria before acceptance by
the committee. Accepted properties
are then presented to the full Board of Directors for a vote before the
acquisition is final.
Criteria for acceptance includes the following items: Resource significance,
development pressure, cost, linkage, existing use by the public,
maintenance/size of property, access/title.
NOMINATE LAND!
Saving the land requires planning and money. It isn't cheap. And usually, once
the "SOLD" signs appear on a property it's too late to preserve it.
Pre-planning is the answer.
Do you know of land that is historical in nature or contains unique geological
features? Do you, or someone you know, own land that they are interested
in donating or selling to The Land Trust for preservation (and tax advantages)?
We'd like to hear from you. For more information on land acquisition, contact
Cynthia Parker, Executive
Director.