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ORD-2004-117– Conservation Easements Capital Project Ordinance
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ORD-2004-117– Conservation Easements Capital Project Ordinance
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Last modified
4/12/2011 2:50:03 PM
Creation date
4/12/2011 2:50:03 PM
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BOCC
Date
12/14/2004
Meeting Type
Regular Meeting
Document Type
Ordinance
Agenda Item
5i
Document Relationships
Agenda - 12-14-2004-5i
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\Board of County Commissioners\BOCC Agendas\2000's\2004\Agenda - 12-14-2004
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©~ ~- aoo y- 1 I ~ <br />t a., - i ~/ - z ad y ATTACHMENT 4 <br />/r~' <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 is <br />hereby adopted.. <br />Section 1. The project authorized provides funds for the acquisition of conservation <br />easements to help preserve County farmland with a priority placed on farms with <br />a strong conservation track record in water supply watersheds. Financing for the <br />project includes proceeds from private placement loans and federal grant funds <br />from the USDA Natural Resource Conservation Service. <br />Section 2. The officers of..the County are hereby directed to proceed with the project within <br />the budget contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br />Section 4. <br /> Through FY 2003- <br />04 <br />FY 2004-05 Through FY 2004- <br />05 <br />Sales Tax $0 $0 $0 <br />Band Funds $0 $0 $0 <br />Private Placement $1,000,000 $500,000 $1,500,000 <br />Grant Funds $1,422,995 $0 $1,422,995 <br />Fees $0 $0 $0 <br />Other $0 $0 $0 <br />Total Fhn ' $2,422,995 $500,000 $2,922,995 <br />The followina amount is appropriated for this project: <br /> Through FY 2003- <br />04 <br />FY 2004-05 Through FY 200 <br />05 <br />Land/Buildin <br />Walters Easement $725,000 $0 $725,000 <br />Vol Easement $73,100 $0 $73,100 <br />Cheek Easement $580,000 $0 $580,000 <br />McPherson Easement $0 $68,000 $68,000 <br />Ward Easement $0 $444,750 $444,750 <br />Unallocated $1,044,895 ($12,750 $1,032,145 <br />Total LandBuilding $2,422,995 $500,000 $2,922,995 <br />Desi $0 0 $0 <br />Construction $0 0 $0 <br />Total Costs $2,422,995 $500,000 $2,922,995 <br />Section 5. This ordinance supersedes all previous Conservation Easements Capital Project <br />Ordinances for Orange County. <br />Section 6. This ordinance shall remain in effect until June 30, 2005. <br />Adopted this 14th day of December 2004. <br />
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