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Funding Scenario for Proposed Little River Regional Park <br />Price per acre Acres <br />Land cost Closing costs <br />Total cost <br />Total cost for Land: $ 2,600 390 <br />$ 1,014,000 $ 35,000 <br />$ 1,049,000 <br />Reduction in <br />Reduction in <br />% of Initial <br />Durham/ <br />Durham/ <br />project commitment <br />Orange outlay <br />Orange outlay <br />County costs at full cost <br />to: <br />to: <br />Total Amounts: <br />1 <br />Durham - 255 acres 0.65 $ 681,850 <br />$ 571,350 <br />$ 356,720 <br />Orange -135 acres 0.35 $ 367,150 <br />$ 307,650 <br />$ 192,080 <br />*Triangle Land Conservancy and Eno River Association have pledged $170,000 toward project. Will hold jc <br />"Assumes 127 acres of land qualifies for CWMTF assistance <br />raising <br />Mar -00 <br />Potential <br />ultimate <br />reduced cost <br />$ 194,220 <br />$ 104,580 <br />0 <br />