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Lands Legacy Program
<br /> Project Category: County Capital Project Status: Active Project Type
<br /> Functional Service Community Services Proposed Bid TBD New
<br /> Area: Award Date:
<br /> Department: DEAPR Starting Date: N/A Expansion X
<br /> Project Number: 20011 Completion Date: N/A Renovation
<br /> Replacement
<br /> Project Description/Justification: The Lands Legacy Program,
<br /> established in April 2000, is an award-winning, comprehensive
<br /> program to conserve and protect the County's most critical natural and
<br /> cultural resources, including prime and threatened farmland; future
<br /> parklands; natural areas, wildlife habitat and prime forests; watershed
<br /> stream buffers; and historic and archaeological sites. Farmland
<br /> conservation and other natural areas conservation also occurs through_
<br /> the associated "Conservation Easements" project. Acquisition of the
<br /> Bingham Township District Park site, Mountains to Sea Trail corridor `
<br /> land/easements, continued acquisitions for the Upper Eno Nature ""
<br /> Preserve, and the Jordan Lake Macrosite natural area are among
<br /> several top anticipated priorities for these current and planned funds. ,jam •.
<br /> Currently, approximately$2.51 million is available in this project for those (and other opportunity) purposes. The
<br /> County has and will continue to aggressively seek to leverage these funds through grants ($5.8 million to date)
<br /> and partnership funding.
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10
<br /> Expenses
<br /> Land/Building 8,410,452 500,000 500,000 500,000 500,000 2,000,000 2,500,000
<br /> Construction/Repairs/Renovations
<br /> Equipment/Furnishings
<br /> Total Project Budget 8,410,452 500,000 500,000 500,000 500,000 2,000,000 1 2,500,000
<br /> Funding Sources
<br /> Transfer from General Fund 1,110,452
<br /> Transfer from Other Funds - -
<br /> Debt Financing 7,300,000 250,000 250,000 250,000 250,000 1,000,000 1,250,000
<br /> Grant Funds and/or Payment-In-LieuFunc 250,000 250,000 250,000 250,000 1,000,000 1,250,000
<br /> Total 8,410,452 500,000 500,000 500,000 500,000 2,000,000 2,500,000
<br /> Impact on Operating Budget
<br /> Personnel Services
<br /> Operations
<br /> Recurring Capital
<br /> New/Addl Revenue
<br /> Total Operating Costs
<br /> 72
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