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National & World Ag News Headlines |
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500th Farm to Join Ohio Farmland Preservation
USAgNet - 01/28/2020
Farm number 500 will be preserved through the Ohio Department of Agriculture’s (ODA) Farmland Preservation Program on Feb. 3. The Anderson-Douglas farm, located in Big Prairie, will receive the distinction of the 500th farm to be signed into
the Clean Ohio Local Agricultural Easement Purchase Program (LAEPP).
The Clean Ohio Local Agricultural Easement Purchase Program (LAEPP) provides funding to farmland owners for placing an agricultural easement on their property. Monies are issued for up to 75 percent of the appraised value of a farm’s
development rights. All easement transactions are recorded on the property deed and transfer with the land to successive owners.
Funds from the purchase of these easements are invested in the local economy by the landowners who use them by expanding their farming operations, purchasing new equipment, reducing debt, adding conservation practices, planning for retirement,
sending their children to college and other purposes. When the state purchases a farmland easement, the proceeds are plowed into Ohio’s economy and part of Ohio’s number one industry – agriculture – is preserved for future generations.
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