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700 acre land buy completed by city.


New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 committed an additional $25 million for acquiring environmentally sensitive land in its Croton croton, in botany
croton (krō`tən), any of several species of Codiaeum that are widely cultivated as ornamentals and houseplants. The most popular species is C.
 watershed this month.

The City has acquired over 50,000 acres of watershed property under its Land Acquisition Program since 1997, when the Watershed Memorandum of Agreement A memorandum of agreement (MOA) or cooperative agreement is a document written between parties to cooperatively work together on an agreed upon project or meet an agreed upon objective. The purpose of an MOA is to have a written understanding of the agreement between parties.  and EPA's filtration avoidance determination was signed, more than doubling its land holdings in the area. The $25 million pledged today will acquire up to 700 acres of land in Westchester, Putnam and Dutchess County.

Land acquisition allows the City to forever protect valuable watershed property from development and pollution. To date, over 680 willing sellers have agreed to accept the City's fair market value purchase offers, either selling land outright or granting conservation easements EASEMENTS, estates. An easement is defined to be a liberty privilege or advantage, which one man may have in the lands of another, without profit; it may arise by deed or prescription. Vide 1 Serg. & Rawle 298; 5 Barn. & Cr. 221; 3 Barn. & Cr. 339; 3 Bing. R. 118; 3 McCord, R. .

The Croton watershed provides the City with around 10% of its daily supply from a 220,000-acre (345-square-mile) watershed in Westchester, Putnam and Dutchess counties. Over 1,200 acres in the Croton watershed has been secured under fee simple or conservation easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g.  by the City and State since 1997, bringing its total holdings in the area to over 10,200 acres, or around 5% of the total watershed.

The Catskill/Delaware watershed provides the City with 90% of its daily supply from the Catskill Mountains west of the Hudson River.
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Dec 31, 2003
Words:208
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