Redding, The Redding Land Trust and Aquarion Water Company are partnering to preserve 30 acres of open space land near the intersection of Routes 107 and 53.  The property borders the Saugatuck River just before the Reservoir. 

The land is priced at $400,000, with Aquarion contributing $60,000.  The Land Trust will spend $170,000 toward the purchase, with the town using a state grant of the same amount.  The grant was awarded to Redding in October. 

The Redding Pilot reports that the state will hold an easement over the land, and Aquarion will hold a secondary easement.  Redding and the Redding Land Trust would be the deed owners.