Laserfiche WebLink
<br />Attachment I <br /> <br />Conservation Easement Budget Table: <br /> <br />Please note that the following sample budget is an example of the overall costs and sources of funds for <br />the conservation of four large ranches on the Rio Grande. As discussed with CWCB staff in the course <br />of preparing this application, we are submitting a general budget in order to protect the landowners' <br />privacy during the negotiation phase ofthese projects. We will also appreciate flexibility as to the <br />specific use ofWSRA funds in order to maximize the benefits, financial leveraging with other funding <br />sources, and implement transactions in the most timely manner. Note that all WSRAfunds will be applied <br />only to the purchase component of the transactions, not to related costs (which are identified in the table <br />on the next page) nor for staff and other costs incurred for their implementation. Transaction and staff <br />costs are being covered by other funding sources. <br /> <br />Conservation Easement Purchase for 4 Rio Grande River Ranches <br /> /Estimated Costs & Sources of Funds <br />Source of Funds/Donation: Landowner WSRA Funds GOCO Total CE Value <br /> Donation (including and Costs <br /> GOCO/CDOW <br /> ) <br />Conservation Easement on $750,000 $750,000 $1,500,000 $3,000.000 <br />Rio Grande Ranch # I <br />Conservation Easement on $440,000 $330,000 (+ $ 880,000 $1,750,000 <br />Rio Grande Ranch #2 $100,000 from <br /> another source) <br />Conservation Easement on $900,000 $360,000 $1,240,000 $2,500,000 <br />Rio Grande Ranch #3 <br />Conservation Easement on $110,000 $ 70,000 $ 240,000 $ 420,000 <br />Rio Grande Ranch #4 <br />Transaction Costs $ 105,000 <br />(approximately $35,000 <br />- per transaction-see table <br />below for estimates) <br />Total Value/Costs: $2,090,000 $1,610,000 $3,860,000 $7,560,000 <br /> <br />Page 30 of 32 <br /> <br />Rio Grande Initiative <br /> <br />Janual'Y 2008 <br />