This easement includes 238.55 acres in the Cypress Bayou Floodplain (part of the White River Floodplain). 200 acres are in row crop production. Damage on this site consists of crop damage, sedimentation and erosion.
Restoration on this site will include establishment of bottomland hardwood trees.
By placing an easement on this property utilizing funding through the American Recovery and Reinvestment Act, 200 acres of cropland will be removed from production and disaster and commodity payments will be eliminated on the acres.
Option Agreement to Purchase signed Aug. 12, 2009.
Easement funds were obligated Aug. 12, 2009.
Estimated closing date is October 25, 2010.
Restoration funds obligated on September 23, 2010.
Restoration is scheduled to begin October 1, 2010.
Anticipated completion date March 2011.
Estimated final payment date is April 2011.
Easement closing has been assigned to closing agent.