Land Bank Acquires Aquinnah Oceanfront, Scenic Chilmark Field

By IAN FEIN

The Martha's Vineyard Land Bank this week added another 400 feet of Aquinnah white sand beach to its oceanfront holdings, and also acquired a scenic field on South Road in Chilmark. Both up-Island properties are roughly eight acres. The purchase prices were $2.25 million and $875,000, respectively.

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Pond Stays Closed for Further Study

State Environmental Affairs Secretary Rejects Land Bank Management Plan at Lambert's Cove Road Kettle Pond

BOSTON - Citing concerns about potential impacts to water quality and protected species, the Massachusetts Secretary of Environmental Affairs last month denied the Martha's Vineyard Land Bank management plan for its proposed Ice House Pond Preserve.

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West Tisbury Assessors Lose Tax Challenge

By ALEXIS TONTI

The Massachusetts Court of Appeals this week overturned a decision by the state Appellate Tax Board and ruled that the Martha's Vineyard Land Bank is exempt from all taxation, upholding the power vested in the conservation agency by its enabling legislation.

The case is an appeal of a decision first made by the West Tisbury board of assessors that ordered the land bank to pay about $700 in taxes on property bought in fiscal year 2002.

The ruling was issued Wednesday.

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