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<br /> Appropriated for this project:
<br /> Current FY FY 2018-19 FY 2018-19
<br /> 2018-19 Amendment Revised
<br /> Lands Legacy Program $2,496,191 ($85,000) $2,411,191
<br /> Total Costs $2,496,191 ($85,000) $2,411,191
<br /> Conservation Easements Capital Project ($85,000) - Project#20006
<br /> Revenues for this project:
<br /> Current FY 2018-19 FY 2018-19
<br /> FY 2018-19 Amendment Revised
<br /> Alternative Financing $2,648,947 $85,000 $2,733,947
<br /> From General Fund $696,521 $0 $696,521
<br /> Donations $1,020 $0 $1,020
<br /> NC Agriculture Development $135,480 $0 $135,480
<br /> Grant
<br /> Eno River Association $252,843 $0 $252,843
<br /> Upper Neuse Clean Water
<br /> Initiative $54,000 $0 $54,000
<br /> NC Conservation Reserve $18,800 $0 $18,800
<br /> Program
<br /> Contribution from Hillsborough $6,157 $0 $6,157
<br /> USDA Farmland Protection $1,936,000 $0 $1,936,000
<br /> Total Project Funding $5,749,768 $85,000 $5,834,768
<br /> Appropriated for this project:
<br /> Current FY FY 2018-19 FY 2018-19
<br /> 2018-19 Amendment Revised
<br /> Conservation Easements $5,749,768 $85,000 $5,834,768
<br /> Total Costs $5,749,768 $85,000 $5,834,768
<br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to
<br /> this item:
<br /> • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY
<br /> The creation and preservation of infrastructure, policies, programs and funding necessary
<br /> for residents to provide shelter, food, clothing and medical care for themselves and their
<br /> dependents.
<br /> This farm conservation easement will help ensure that this prime farmland remains available for
<br /> cultivation and food production, helping to provide healthy local food to County residents and
<br /> others.
<br /> RECOMMENDATION(S): The Manager recommends the Board adopt and authorize the Chair
<br /> to sign the resolution approving the acceptance by Orange County of the conservation
<br /> easement, and authorize the Chair and the Clerk to sign the conservation easement agreement,
<br /> subject to final review by staff and County Attorney, with a closing and recordation of the
<br /> document expected to occur on or about September 30, 2019, and approve Budget Amendment
<br /> #10-C.
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