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New Hope Creek Corridor <br />-` 2005 -06 <br />Through Through <br />F 1999 -00 2000 -01 2001 -02 2002 -03 2003 -04 2003 -05 2009 -10 Total <br />IProject Costs <br />Land/Building $0 $0 $0 $0 $0 $0 $0 $0 <br />Design $0 0 0 0 0 0 0 $0 <br />Construction $0 0 0 0 0 0 0 $0 <br />Other $75,000 15,000 0 0 0 0 0 $90,000 <br />Totat costs $75,000 $15,000 $0 $0 $0 s0 $0 590,000 <br />Funding Sources <br />Sales Tax $20,000 $0 $0 $0 $0 $0 $0 $20,000 <br />Bond Funds $0 0 0 0 0 0 0 $0 <br />Private Placement $0 0 0 0 0 0 0 $o <br />Grant Funds $0 0 0 0 0 0 0 $0. <br />Fees $0 0 0 0 0 0 0 $0 <br />Other $55,000 15,000 0 0 0 0 0 $70,000 <br />Total Funding $75,000 $15,000 $0 $0 $0 $0 $0 $90,000 <br />Project Description <br />This project provides subdivision payment -in -lieu funds to preserve land along New Hope Creek in <br />Orange County. In February 1992, Orange County adopted the "New Hope Corridor Space Master Plan ". <br />The master plan proposed creating a wildlife habitat including hiking and biking trails along atwenty- <br />three mile protected corridor from rural Orange County to Jordan Lake. <br />Jointly 'funded by Orange and Durham Counties, Town of Chapel Hill, City of Durham, and various <br />private donors, this effort is coordinated through the Triangle Land Conservancy (TLC). TLC is currently <br />working with landowners in both counties regarding donating and selling land or easements to fulfill the <br />master plan. Orange County's Recreation and Parks Department and Planning Depart ment will work with <br />TLC in developing an annual work plan and strategy for acquiring land. �. <br />The im p act .of this project on future operating budgets will be developed as land is acquired.fL.i� <br />