Southold has scheduled a public hearing to consider the purchase of development rights to a swath of land owned by Pindar winery.
The land, about 20 acres along Main Road in Southold, west of Elijah’s Lane, is not attached to the winery’s several vineyard locations. The cost would be $61,000 an acre.
The land is contiguous with other acreage already preserved by the town. Some of the property is zoned residential, making it a good selection for preservation, said Southold Town Supervisor Scott Russell.
An owner who sells development rights promises not to develop the land or use it in ways not appropriate for conservation. Towns that buy development rights instead of the land itself preserve the site without having to become its caretaker.
The approximate $1.2 million cost, plus acquisition fees, would come from the town’s Community Preservation Fund, which is generated by a 2 percent tax on real estate sales; the first $250,000 of the sale of a home is exempt.
All five East End towns participate in the fund, and money raised by taxes in each town is used specifically to purchase land for preservation in that town.
The town board meeting is scheduled for 7:30 p.m. Aug. 30, at Southold Town Hall, with the public hearing on the agenda for 7:36 p.m.