§ 25-1-5 Qualifying applicant for funding the acquisition of agricultural easements.
This section is included in your selections.
(A) The City Manager, on approval from the Mayor and Council, shall grant monies from the City’s Agricultural Protection Fund for the express purpose of acquiring conservation easements on eligible lands in perpetuity, or for a renewable term of not less than 25 years.
(B) The grants may be made only to:
(1) A nonprofit organization that is exempt from federal income taxation under § 501(c) of the Internal Revenue Code and that has the purpose of preserving agriculture, open space or natural resources.
(2) A political subdivision or agency or instrumentality of a political subdivision, including the City itself. (Ord. 04-904, passed 6-14-2004)