Tentative deal reached for Ice Age trail land purchase in Cross Plains

2010-08-19T14:38:00Z 2010-10-08T09:43:39Z Tentative deal reached for Ice Age trail land purchase in Cross PlainsBy MATTHEW DeFOUR | mdefour@madison.com | 608-252-6144 madison.com

Dane County has reached a tentative deal with a developer to buy 131 acres for a key piece of the Ice Age National Scenic Trail in the town of Cross Plains.

The $2.6 million for the purchase would come from borrowed money in the Conservation Fund that could be reimbursed by the state.

The $20,000 per acre deal is about half a million dollars less than a deal the County Board rejected in July 2009 for the same property. Board members argued the $23,375 per acre price was unjustified given the land had been purchased in 2005 for about $12,000 per acre.

Representatives for Carter Hudson LLC, the development company owned by Cross Plains developer Janice Faga, said the deal was dead after the County Board's 22-9 vote last year to delay the purchase.

The rejected deal included an option to buy an additional 175 acres for a similar price. The new deal doesn't include that option nor does it include a six-acre homestead that was part of the original deal.

Since last summer, state and county officials have been communicating with the property owner to broker a deal, the county's Conservation Fund manager Laura Guyer said.

Faga declined to comment on the latest deal. She had previously proposed a housing development for the property, but did not receive support for the project from the county.

 

Copyright 2015 madison.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

No Comments Posted.

We provide a valuable forum for readers to exchange ideas and opinions on posted articles. But there are rules: Don't promote products or services, impersonate other site users, register multiple accounts, threaten or harass others, post vulgar, abusive, obscene or sexually oriented language. Don't post content that defames or degrades anyone. Don't repost copyrighted material; link to it. In other words, stick to the topic and play nice. Report abuses by clicking the button. Users who break the rules will be banned from commenting. We no longer issue warnings.

Add Comment
You must Login to comment.

Click here to get an account it's free and quick

Activate subscription button gif

What's hot

Vote! Today's poll

Loading…

What's your favorite Wisconsin summer pastime?

View Results

Connect With Us

You might also like
×