ESSEX— The board of selectmen has scheduled a July 16 town meeting to vote on a $200,000 appropriation that would be the town’s contribution towards the planned $8.1 million purchased of the 1,000-acre Preserve property that includes 70 wooded acres in Essex. The town meeting vote in contingent on referendum approval in Old Saybrook of a $3 million bonding authorization that would be that town’s contribution to the total land purchase.
Under a plan announced earlier this spring by state and Old Saybrook officials, the $8.1 million for the purchase would be raised through a combination of state grant funds, municipal funds, and private donations raised by the land conservation trust organizations in Old Saybrook and Essex. State grants, including some state bonding, would account for $3 million of the purchase price. Old Saybrook voters will be asked to authorize $3 million in bonding for the purchase in a referendum expected during the first two weeks of July, possibly on July 8. In addition to the proposed $200,000 in town funding, the Essex Land Conservation Trust is expected to provide a matching $200,000, mostly from private donations.
The 1,000 acre forest, the subject of failed development proposals dating back to 1999, can be accessed from either Ingham Hill Road and Schoolhouse Road in Old Saybrook, and from Bokum Road that connects Essex and Old Saybrook. The property became a target for acquisition and preservation as open space after the fall 2008 financial crash that began the Great Recession.
Paul Greenberg, with the Essex Land Conservation Trust, told the selectmen at Wednesday’s meeting that Bokum Road would be the access point in to the property from Essex, with plans to construct a small parking area and trails that would connect to a larger network of trails in the vast Old Saybrook section of the parcel.
First Selectman Norman Needleman said the $200,000 would come from the town’s open space sinking fund, which currently contains about $225,000. Needleman said he believes town voters will support making a contribution to the Preserve purchase project, even though only 70 acres of the property are in Essex. The 70 acres in Essex has been valued at about $700,000 in two appraisals.