91.66 Terminating a farmland preservation agreement.
(1) The department may terminate a farmland preservation agreement or release land from a farmland preservation agreement at any time if all of the following apply:
(a) All of the owners of land covered by the farmland preservation agreement consent to the termination or release, in writing.
(b) The department finds that the termination or release will not impair or limit agricultural use of other protected farmland.
(c) The owners of the land pay to the department, for each acre or portion thereof released from the farmland preservation agreement, a conversion fee equal to 3 times the per acre value, for the year in which the farmland preservation agreement is terminated or the land is released, of the highest value category of tillable cropland in the city, village, or town in which the land is located, as specified by the department of revenue under s. 73.03 (2a).
(1m) All conversion fees received under sub. (1) (c) shall be deposited in the working lands fund.
(2) The department shall provide a copy of its decision to terminate a farmland preservation agreement or release land from a farmland preservation agreement to a person designated by the owners of the land and shall present a copy of the decision to the register of deeds for the county in which the land is located for recording.
History: 2009 a. 28.