Orange County NC Website
M <br />County Capital Projects <br />Fiscal Years 2013 -18 <br />Project Name <br />Conservation Easements (part of Lands Legacy) <br />Project Status <br />Approved <br />Functional Service Area <br />Community and Environment <br />Starting Date <br />71112002 <br />Department <br />DEAPR <br />Completion Date <br />Ongoing <br />Current <br />Year 1 <br />Year 2 <br />Year 3 <br />Year 4 <br />Year 5 <br />Five <br />Year 6 <br />Prior Years <br />Fiscal Year <br />Fiscal Year <br />Fiscal Year <br />Fiscal Year <br />Fiscal Year <br />Fiscal Year <br />Year <br />to <br />Project Budget <br />Funding <br />2012 -13 <br />2013 -14 <br />2014 -15 <br />2015 -16 <br />2016 -17 <br />2017 -18 <br />Total <br />Year 10 <br />Appropriation <br />Land /Building <br />5,878,181 <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />1,250,000 <br />1,250,000 <br />Con struction/Repairs/Reno vation s <br />Equipment /Furnishings <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />250,000 <br />1,250,000 <br />1,250,000 <br />Total Project Budget <br />5,878,181 <br />- <br />General Fund Related Operating Costs <br />Personnel Services <br />Operations <br />New Debt Service <br />Total Operating Costs <br />- <br />- <br />- <br />- <br />- <br />- <br />- <br />Revenues/Funding Source <br />Transfer from General Fund <br />350,000 <br />125,000 <br />125,000 <br />125,000 <br />125,000 <br />125,000 <br />625,000 <br />625,000 <br />Transfer from Other Projects <br />143,000 <br />Grant Funding <br />2,385,181 <br />125,000 <br />125,000 <br />125,000 <br />125,000 <br />125,000 <br />625,000 <br />625,000 <br />Debt Financing <br />3,000,000 <br />- <br />Total <br />5.878.181 <br />- <br />250.000 250.000 250.000 250.000 250.000 1.250.000 <br />1 1.250.000 <br />Project Description /Justification <br />The Conservation Easement component of the Lands Legacy program was initially funded in July 2002, and provides matching funds for State and federal grants to <br />acquire conservation easements to conserve prime or threatened farmland or sensitive natural areas, in keeping with Board goals and Lands Legacy priorities. Generally, <br />these lands have conservation values or agricultural operations to be enhanced and protected, and the land stays in private ownership and is not publicly - accessible except <br />upon landowner consent. Just over 2,000 acres of prime farmland and natural areas have been conserved to date, with over $5 million in state /federal grants leveraged. It <br />is anticipated that additional matching funds of approximately 50% would again be leveraged for these projects, as reflected in the grant funds above. Funds for <br />the conservation easement program were exhausted in 2012. This project would provide $250,000 each year for conservation easements, including $125,000 in County <br />funds and an expected match amount of $125,000 from state /federal grants. <br />E, K <br />