Peninsula Township Resolution Purchase of Development Rights Kelly Easement 2026-06-09
Township Approves $1.9M Conservation Easement from Kelly
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Description
Peninsula Township approved purchasing a perpetual agricultural conservation easement from Mark D. Kelly for $1,914,000 on a portion of his Center Rd property. The Board authorized officials to execute the agreement and related closing documents. Payment may be in lump sum or installments.
Contract Details
Contract Amount
$1,914,000
Vendor
KELLY, MARK D.
Agency
Town of Peninsula, MI
Contract Type
OTHER
Document Date
June 9, 2026
Contract Term
Perpetuity (perpetual agricultural conservation easement)
Renewal Info
This easement is perpetual; no renewal or expiration is anticipated. Payment options include lump sum or installments, as determined by the Board.
More from Town of Peninsula
Peninsula Township Agenda Regular Meeting 2026-05-26
Peninsula Township Township Board Regular Meeting Minutes 2026-05-12
Peninsula Township Township Board Regular Meeting Minutes 2026-05-12
Peninsula Township Township Board Regular Meeting Minutes 2026-05-12
Peninsula Township Board Regular Meeting Agenda May 2026
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