Browse
Search
Agenda - 01-20-2011 - 7c
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2010's
>
2011
>
Agenda - 01-20-2011
>
Agenda - 01-20-2011 - 7c
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/14/2011 12:35:07 PM
Creation date
1/14/2011 12:35:06 PM
Metadata
Fields
Template:
BOCC
Date
1/20/2011
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7c
Document Relationships
Minutes 01-20-2011
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\2010's\2011
ORD-2011-004 Capital Projects Budget Ordinance Amendments – Budget Amendment #6-A
(Message)
Path:
\Board of County Commissioners\Ordinances\Ordinance 2010-2019\2011
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Attachment 1 <br />LANDS LEGACY BACKGROUND: <br />Capital Project Ordinance: <br />The Lands Legacy Project Ordinance has an approved budget of $17,229,577 and is <br />$11,219,125 over the correct project budget of $6,010,452. <br />The Lands Legacy program started as a recommendation from the Open Space Task Force to <br />the Board of Commissioners on April 4, 2000. On May 3, 2000 the Board adopted the Interim <br />Action Plan for Lands Legacy. On June 25, 2001 the Board of County Commissioners <br />approved a Resource Lands Conservation (Lands Legacy) Project Capital Project Ordinance for <br />a total project budget of $6,154,527 that included many of the projects identified in the Action <br />Plan. This Capital Project Ordinance included the following project elements: McGowan Creek: <br />Preserve, Little River Natural Area and Regional Park, Eubanks Road Property, Walters <br />Farmland Conservation Easement, Seven Mile Creek Preserve and Unallocated Funds. Over <br />the past nine years, project elements have been added, such as the Blackwood Property, and <br />the total project ordinance has grown to $17,229,577 (see the attached June 15, 2010 <br />approved Project Ordinance). <br />A roved Project Ordinance $17,229,577 <br /> <br />Less: <br />Double Bud etin of Projects 8,024,720 <br />Over Bud etin of Bond Revenues <br />2001 GO Bonds 1,500,000 <br />2009 Alternative Financin 1,700,000 <br /> <br />Plus: <br />Accountin S stem Correction 2003 5,595 <br /> <br />Lands Le ac Correct Project Bud et $6,010,452 <br />Double Budgeting of Projects: <br />Since the inception of the Lands Legacy Program, five projects have been budgeted twice. <br />Attached is a Summary of Lands Legacy projects originally included in the Lands Legacy <br />Project Ordinance and that were also established as individual Project Ordinances. Individual <br />project ordinances were established for: McGowan Creek Preserve, Little River Natural Area & <br />Regional Park, Eubanks Road Property, Seven Mile Creek Preserve and Blackwood Farm. The <br />Lands Legacy Project Ordinance was never reduced after the new individual project budgets <br />were established. These double budget projects result in the Lands Legacy Project Ordinance <br />being overstated by $8,024,720. <br />
The URL can be used to link to this page
Your browser does not support the video tag.