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State Request For Statements of Interest
State Request For Statements of Interest
KARYN E. POLITO
Lt. Governor
MATTHEW A. BEATON
Secretary
JOHN LEBEAUX
Commissioner
Gerard Kennedy
Agricultural Preservation Restriction Program
251 Causeway Street, Suite 500
Boston, MA 02114
Tel: 617-626-1773
Fax: 617-626-1850
Email: [email protected]
PURPOSE
I.
General Information:
(Must include the below information in narrative form)
II.
Financial Statement
Financial Statement must demonstrate the Potential Assignee's ability to pay $305,000.00
and close within 120 days from MDAR's notice of intent to exercise. Specifically,
o If purchasing with 100% cash funds, proof of satisfactory availability of funds, or
o If obtaining financing, must provide letter of commitment for financing and satisfactory
proof of ability to additional funds required for purchase price
III.
Farmer Resume
IV.
Farm Plan
Farm Plan must be sufficient to demonstrate the Premises will be utilized to the fullest
extent possible for commercial agriculture. The Farm Plan is a narrative that includes, at
a minimum, how the Premises will be utilized to the fullest extent possible for
commercial agriculture for a five (5) year period including, but is not limited to, the
following: identification of all land uses on the Farm, crops to be grown, acreage for
each crop, livestock to be raised, pasture acreage, use of existing structures on Premises
(if applicable), and need for additional structures (if applicable) and timeline for
implementation of the plan. The narrative shall include a map or diagram identifying
each land use proposed for the Farm.
o if the Potential Assignee owned or operated a Farm previously, the Farm Plan
must additionally include the size of the farming operation (acreage and gross
income), and number of years in business; or
o if the Potential Assignee is a New Entry Farmer (a Farmer who has less than two
years experience managing or owning a Farm):
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the Farm Plan must list relevant degrees, courses, workshops, education
and training, and a Financial Plan must be provided. The Financial Plan
whether narrative or otherwise, must demonstrates the Potential Purchaser
can support the operation of the Premises without adversely affecting long
term viability of the Premises. Such a plan should, at a minimum, include:
a net worth statement, an estimate of start-up costs, identification of costs
of production, gross sales and net farm income, and income & expense
projections for at least three years; or
o if the Potential Assignee intends to lease the Premises to a Farmer or New Entry
Farmer:
a proposed lease agreement or letter of intent with a Farmer or New Entry
Farmer must be provided and
the above referenced Farm Plan and Farmer Resume must be prepared by
the Farmer or New Entry Farmer.
PM on July 2, 2015. Please submit all materials via mail, email or hand
Dorothy Du
Department of Agricultural Resources
Suite 500
251 Causeway Street
Boston, MA02114
[email protected]
Envelopes shall be marked in the lower left-hand corner with the following: Statement of Interest for
APR Land in Hadley, MA
Potential Assignee's are cautioned to allow sufficient time for their Statement of Interest to be received by
MDAR. Electronic or facsimile Statement of Interest are acceptable provided that the complete packet
together with any attachments is successfully received by MDAR prior to 5 PM on July 2, 2015.
SELECTION CRITERIA
MDAR will evaluate each Potential Assignees Statement of Interest to accept an assignment of the
Commonwealths offer to purchase the APR property for $305,000 based on MDAR's Agricultural
Preservation Restriction Program Guidelines, Assignment of the Department's Option to Purchase at
Agricultural Value.
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