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<br /> Funding Summary
<br /> Budget
<br /> Watershed Triangle TLC
<br /> Protection Land Orange Fundraising/Catalyst
<br /> Program Conservancy County Landowner Fund Total
<br /> Land/Easement Value $105,000 $325,000 $109,260 $310,740 $200,000 $1,050,000
<br /> Appraisal and Due
<br /> Diligence $0 $0 $0 $1,500 $0 $1,500
<br /> Survey $0 $5,000 $0 $0 $0 $5,000
<br /> Legal and Closing $0 $6,200 $0 $0 $0 $6,200
<br /> Stewardship $0 $5,000 $0 $0 $0 $5,000
<br /> Total Cost $105,000 $341,200 $109,260 $312,240 $200,000 $1,067,700
<br /> Raleigh Funds Requested $105,000 $105,000
<br /> Match Provided $341,200 $109,260 $312,240 $200,000 $962,700
<br /> % of Total Cost 10% 32.0% 10.2% 29.2% 18.7% 100.0%
<br /> Acres 60
<br /> Cost/acre $1,750 $5,687 $1,821 $5,204 $3,333 $17,795
<br /> Stream Feet 3,830
<br /> Cost/stream foot $27.42 $89.09 $28.53 $81.52 $52.22 $278.77
<br /> MATCH MATCH MATCH MATCH
<br /> Project Significance
<br /> This project proposes funding for purchase of a 60 acre Buzzlitz property in Orange County,
<br /> including 5,896 linear feet of stream and 33 acres of riparian buffer zone in a Class IV water
<br /> supply watershed. The tract's water quality protection value, natural communities, location,
<br /> and connectivity distinguish it as a critical conservation site in the Triangle Area.
<br /> The Buzzlitz property adjoins TLC's 613 acre Brumley Forest property (acquired with CWMTF
<br /> and UNCWI participation in 2010) and contains over 5,896 linear feet of stream in the Upper
<br /> Neuse River Basin. This would be another step to protect an unnamed tributary of Stony Creek
<br /> that forms the border between the Buzzlitz and Brumley properties. Once the tributary leaves
<br /> the Buzzlitz property, it travels to Stony Creek, which bisects TLC's Brumley property. Stony
<br /> Creek, upon leaving the Brumley property, travels 1.8 miles before entering the lower Eno
<br /> River, which flows directly into Falls Lake. This watershed has been designated as moderately
<br /> vulnerable to drinking water degradation and this additional riparian buffer protection will help
<br /> protect critical drinking water resources by filling in some of the remaining unprotected gaps in
<br /> the stream system.
<br /> The parcel has been identified as a high priority for protection by the water quality model
<br /> developed through the Upper Neuse Clean Water Initiative. The 60 acre tract's model ranking is
<br /> 5.09. However, the UNCWI water quality model does not factor in three streams that run
<br /> through the Buzzlitz property that have been observed by TLC staff and recorded by a surveyor
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