Saratoga P.L.A.N. is currently in negotiations with the Sweeney family of Round Lake to purchase several parcels of property off Route 67 along the east side of Round Lake. The nonprofit organization recently asked the town of Malta to kick in $200,000 toward the $700,000 price tag for the approximately 88 acres.
At the March 5 town board meeting, the executive director of Saratoga P.L.A.N., Alane Ball Chinian, told the board members that expected funding from the Archaeological Conservancy fell through, leaving a gap in funding. The Malta Town Board had previously committed to providing $100,000 from its Open Space Reserve Fund for the project.
P.L.A.N., a nonprofit organization, seeks out donations of land or makes efforts to obtain grant money or private funding to purchase land to retain and preserve as open space. The town of Malta supported P.L.A.N. in its efforts to secure a variety of grants by drafting a resolution in May that indicated their commitment to the project.
We were successful in securing the maximum amount you could ask for, said Chinian.
The state grant of $350,000 is a matching grant requiring P.L.A.N. to come up with an additional $350,000. Saratoga County has also funded the project to the maximum allowable amount of $100,000, leaving another $250,000 to be raised. Additional funding was expected from the Archaeological Conservancy, which backed out of the project, said Chinian, when a parcel with similar features became available for a cheaper price in the western portion of the state.
P.L.A.N. has committed to providing $50,000 from its own coffers and asked the town board to increase its own commitment to the $200,000 mark. At the March 5 meeting, Chinian highlighted a section of the proposed preserve that included a significant amount of lake frontage. Chinian spoke about the site's archaeological and ecological importance.