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Projects <br />Chapel Hill Park <br />2005 -06 <br />Through Through <br />1999 -00 2000 -01 2001 -02 2002 -03 2003 -04 2004 -05 2009 -10 Total <br />Project Costs <br />Land /Building $0 $0 $0 $0 $0 $0 $0 $0 <br />Desi ;n $0 0 0 0 0 0 0 $0 <br />Construction $0 0 0 0 0 0 0 $0 <br />Other $2,000,000 0 0 0 0 0• 0 $2,000,000 <br />Total Casts $2,000,000 s0 s0 s0 so s0 $0 52,000,000 <br />Funding Sources <br />Stales Tax $0 $D $0 $0 $0 $0 $0 $0 <br />Bond Funds $2,000,000 0 0 0 0 0 0 $2,000,000 <br />Private Placement $0 0 0 0 0 0 0 $0 <br />Grant Funds $0 0 0 0 0 0 0 $0 <br />Fees $0 0 0 0 0 0 0 $0 <br />Other $0 0 0 0 0 0 0 $0 <br />Total Funding - ,82,000,000 SD so. s0 s0 s0 $0 $2,000,000 <br />Project Description <br />Proceeds from the Recreation and Parks bond provide $3 million for the purchase of parkland and $3 <br />million to develop park facilities. Of this total, $2 million was designated for two parks in Chapel Hill — <br />the Northern Chapel Hill Community Park and the Southern Chapel Hill Community Park. This project <br />provides for the payment of these funds to the Town of Chapel Hill. <br />I <br />I <br />1 <br />I <br />