Orange County NC Website
2. Lands Legacy 1`111 Fund (annual 'pay-as-you-go' funds) <br />A•• . • . • 0 <br />. s. - <br />$1,590,000 <br />(over last 6 fiscal years) <br />McGowan Creek Preserve <br />$78,548 <br />FY 99 -00 <br />Victor Walters Farm. Easement <br />$108,000 <br />FY 00 -01 <br />Seven -Mile Creek Preserve (Mayes Hill Ltd.) <br />$68,395 <br />FY 01 -02 <br />Seven -Mile Creek Preserve (Mayes Hill Ltd.) <br />$68,395 <br />FY 02 -03 <br />Seven -Mile Creek Preserve (Mayes Hill Ltd.) <br />$68,395 <br />FY 03 -04 <br />Seven -Mile Creek Preserve (Mayes Hill Ltd.) <br />$68,395 <br />FY 04 -05 <br />Shy Farm Conservation Easement (donation) <br />$1,750 <br />FY 02 -03 <br />Steep Bottom Branch Conservation Easement <br />$83,700 <br />FY 03 -04 <br />Eno River Association request (Eno Wilderness, Poplar Grove) <br />$55,000 <br />FY 03 -04 <br />Confluence of the Eno easement (Volpe) <br />$3,138 <br />FY 03 -04 <br />Blackwood Farm stewardship (fence, signs) <br />$5,000 <br />FY 03 -04 <br />Miscellaneous closing costs for acquisitions <br />$32,000 <br />Throughout <br />TOTAL <br />$640,716 <br />1- For many projects, multiple funding sources used. This figure represents the amount from this funding source only. <br />New Hope Creek corridor (Hope Creek Ltd.) <br />$3,600 <br />FY 04 -05 <br />Little River Park stewardship (Laws House) <br />$11,000 <br />FY 04 -05 <br />Seven -Mile Creek Preserve (Mayes - final installment) <br />$68,395 <br />FY 05 -06 <br />New Hope Creek trail easement <br />$30,000 <br />FY 04 -05 <br />Seven -Mile Creek -area easement <br />$150,000 <br />04- 05/05 -06 <br />2004 -06 Closing Costs etc <br />$25,000 <br />FY 04 -06 <br />Conservation Easement Fund shortfall (see next age) <br />$26,259 <br />FY 04 -05 <br />Blackwood farm stewardship (farmstead buildings) <br />$40,000 <br />FY 04 -05 <br />TOTAL <br />$354,254 <br />Projected Future Expenditures <br />The Opportunities Fund is designed to provide funds for acquisition objectives that may <br />become available but are not specifically targeted in the Lands Legacy Action Plan. <br />Opportunities that may arise in the next few years include: <br />• Additional farm conservation easements beyond existing funds <br />• Additional conservation easements and acquisitions along New Hope Creek <br />• Prime Forestland easements (Upper New Hope Creek Forest, others) <br />• Nature Preserves <br />• Closing costs and environmental assessments for acquisitions <br />• Augment other funding sources as funds permit <br />11 <br />