value of the conservation easement, if recreation values were transferred would likely 

 exceed the existing purchase price because recreation is the most marketable aspect of 

 the property. If we were to purchase a conservation easement that did not include 

 recreation rights, the value of the conservation easement would likely be less than the 

 $22,000 purchase price. However, under this option, public recreation opportunities 

 could be limited or lost entirely. Given .the relatively small purchase price for the 

 land, it does not appear to be cost-effective to purchase a conservation easement. In 

 general, conservation easement monitoring costs would be less than management 

 costs. 



B. ALTERNATIVE 2. NO ACTION ALTERNATIVE: 



If FWP does not purchase the Coriell tract, FLT has indicated they would first try to 

 sell it to someone else in fee-simple. Although we would expect FLT to sell to 

 someone who would maintain the island's natural values, there would be no 

 guarantee that this would occur, particularly in the future as population pressures 

 continue to increase. Further, the public recreational values which would exist if 

 FWP purchased the island, would likely be lost if FLT sold to someone else. 



Depending on the market, FLT may feel the need to place a conservation easement on 

 the property to protect its natural values prior to selling. If FLT did place a 

 conservation easement on the property, it would likely focus on protecting the natural 

 resource values and be silent to public recreation. As for the proposed action, if 

 FLT sells the property with the conservation easement on the private market, FLT 

 would use the income for other conservation programs. 



Under the No Action Alternative, FWP would loose the opportunity to utilize the 

 Riparian/Wetiand Conservation program to meet mitigation goals. FWP may also 

 loose the opportunity to work with FLT on other riparian/wetiand conservation 

 projects. 



If FLT decides to sell Coriell without a conservation easement, the habitat integrity 

 may not be fully protected. Gravel and sand extraction, grazing, logging or other 

 activities, although at present unlikely, may ultimately occur in the future. Further, 

 FWP would loose the opportunity to protect the property for its wildlife and habitat 

 values, the objective of the Riparian/Wetiand Conservation Program. In addition, 

 FWP would loose opportunity to provide the public recreation opportunities associated 

 with the island. If FLT receives full market value for this tract, they would be able to 

 undertake more conservation elsewhere in the county. 



C. DESCRIPTION OF ALTERNATIVES CONSIDERED AND DISMISSED 



1. WAIT UNTIL FLT SELLS PROPERTY AND THEN MAKE OFFER TO 

 PURCHASE CONSERVATION EASEMENT: 



