RANCHING Business
duction in value resulting from a conservation easement depends on a number of factors and “is not a cookie-cutter deal.” Fitzsimons says it is a powerful
tool for allowing modest-income donors to receive greater credit for donating a very valuable conser- vation easement on their property. For Texas Agricultural Land Trust, this translates into the possibility of protecting much more land by conservation easements.
Mitigation banking Another reason a rancher might
want or need a conservation ease- ment is for mitigation banking pur- poses, which offers an additional income stream. Fitzsimons says this is an increasing part of the work of Texas Agricultural Land Trust. She explains that mitigation
banking was created to give land developers a way to offset the im- pacts of land development. “When a developer is impacting
certain natural resources, such as streams, rivers, wetlands or habi- tat for an endangered species, they must obtain a permit from a fed- eral agency, either the U.S. Army Corps of Engineers or the U.S. Fish & Wildlife Service. The developer may obtain the permit by perform- ing a number of actions in order to compensate for the adverse impact. One compensatory act is to purchase credits from a mitigation bank. The need for these credits in turn creates a market for private lands conserva- tion,” she says. With solid, permanent incentives
available for even modest income- producing properties, a conservation easement may be the answer to your needs. For more information, speak with your attorney or accountant and visit
www.txaglandtrust.org.
tscra.org Next
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provide an excellent and reliable alternative to maternal colostrum from a name you know and trust. Both supplement and replacer formulas are USDA licensed to aid in the treatment of Failure of Passive Transfer of immunity (FPT) and to aid in the prevention of death associated with Escherichia coli (E. coli ) K99, providing newborn dairy and beef calves with maternal bovine colostrum bioactives and Bovine IgG-E. coli antibody to help bolster a healthy start in life.
Check with your animal health supplier for availability or visit
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AgriLabs and Colostrx are trademarks of Agri Laboratories. © 2014 All rights reserved. CALF033128P223MVAR2
April 2016 The Cattleman 67
Cattleman, The 4.5" x 9.375"
CALF033128P223MVAR2
Date due to pub:
Today’s date: December 22, 2014 4:12 PM Account Service:
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