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<br />21
<br />Conservation Easements
<br />Capital Project Ordinance
<br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section
<br />13.2 of Chapter 159 of the General Statutes of North Carolina, the following capital project
<br />ordinance is hereby adopted.
<br />Section 1. The project authorized provides funds for preserving open space through obtaining
<br />conservation easements.
<br />Section 2. The officers of the County are hereby directed to proceed with the project within the
<br />total budget contained herein.
<br />Section 3. The following revenue is anticipated to complete this project.
<br /> FY 2007/08 Amendment FY2008/09
<br />USDA Farmland Protection $3 547,707 $3,547,707
<br />Alternative Financing 3,128,149 3,128149
<br />From General Fund 350,000 350 000
<br />From Other Projects 143 000 7 019 65,981
<br />Total $7168,856 $77,019 $7 091,837
<br />Section 4. The following amount is appropriated for this project.
<br /> FY 2007/08 Amendment FY2008/09
<br />Volpe Easement $73,100 $73,100
<br />Keith Easement 116,000 116,000
<br />McPherson Easement 68,000 68,000
<br />Lloyd Easement 219,000 219,000
<br />Fickle Crk Farm Essmt 277,658 277,658
<br />Lee Farm Easement 306,250 306,250
<br />Tate Easement 333,750 1,050 334,800
<br />Ward Easement 444,750 444,750
<br />WC Breeze Faml Farm 450,000 450,000
<br />Cheek Easement 580,000 580,000
<br />Unallocated 599,098 (86,813 512,285
<br />Latta Easement 601,400 607,400
<br />McKee Easement 612,000 612,000
<br />Walters Easement 725,000 725,000
<br />Land 8 Assoc. Costs 1,685,831 1,685,831
<br />Sh Easement 1,000 1,000
<br />Peele Easement 84,763 84,763
<br />Total $7,091,837 0 $7,091,837
<br />Section 5. This ordinance supersedes any previous Capital Project Ordinances for this project.
<br />Section 6. This ordinance shall remain in effect the Board of County Commissioners takes
<br />action to amend the ordinance or close the project ordinance upon completion of
<br />the project.
<br />Adopted this 19ei day of May 2009.
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