Slide 55

Initially, the large farmettes were subdivided and sold off. These totaled approximately 500 acres of the farm. In an effort to maintain the agricultural nature of this area and the farm itself, 400 of those 500 acres have agricultural easements on them for use by our family in farming this property. Part of it is rolling pastureland for livestock, and the rest is in hay. So, while these parcels were sold to help raise more than $5 million under the reorganization plan, it remains in agricultural use as part of the farm itself.

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