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LANDS LEGACY PROGRAM <br />FUNDING STATUS <br />JANUARY 1, 2011 <br />3. Payment-in-Lieu Funds* <br />Balance 7-1-2010 $ 455,048 <br />Projects Underway /Encumbered $ - <br />Remaining Available Balance $ 455,048 <br />* -funds are collected by four parks districts and must be expended in the district collected. <br />As of 7-1-2010 <br />Northern District $ 57,878 <br />Cheeks/Hillsborough District $ 96,866 <br />Bingham District $ 177,95$ <br />Chapel Hill Township District $ 122,346 <br />Payment-in-Lieu funds may be used for land acquisition or facility construction for parks, recreation and open space <br />within the district. <br />Lands Legacy Funds Status 1-1-2011.x1s, 2/4/2011 <br />N <br />f <br />