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Lands Legacy Program
<br />Project Category:County Capital Project Status:Active Project Type
<br />Functional Service
<br />Area:Community Services
<br />Proposed Bid
<br />Award Date:TBD New
<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.
<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 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-Lieu Fund - 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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