JMRPWG agenda 102898 - Laserfiche WebLink

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ty New Hope Corridor Open Space Masur Pf= Phase 2 . Completion of Corridor Acquisition (Years 5- 10) Objectives : To complete the acquisition of land needed for the Wildlife Protection Area 4 and for slope protection . � �P Pe To acquire land needed for stream protection and for anchors and access areas . To construct trails as needed to connect schools , parks , and other locations . i Phase 3 . Completion of Trails and Access Areas (Years 10-20) j Objective : To prepare plans , obtain needed financing for construction , and construct trails and access areas . rridor and establishing open space anchors will require the Protecting the New Hope co acquisition of approximately 1100 acres of floodplain , 45 acres of steep slopes , and 554 acres -of uplands , and the purchase of development Aghts to an additional 103 acres . To achieve the passive recreation potential of the corridor , approximately 20 miles of trails should be developed . The estimated cost of land acquisition ranges between $ 12 . 5 million and $22 . 5 million . The cost of developing the recreational potential and trails is estimated to be between $ 1 . 8 million and $ 2 . 7 million . The total project cost is estimated to be between $ 14 . 3 million and $25 . 3 million dollars . The partnership between citizens and government that has led to the preservation of the Eno River basin has brought increasing national recognition to our community . Employing a similar private-public partnership to establish the- New Hope corridor will ensure that the western side of the Triangle will continue to be a desirable glace in which to work and live . Th�benefi.ts from maintaining open space , maintaining and improving environmental quality , and providing potential for passive recreation are immediate and real . They augment and complement the - benefits of preserving for the benefit of all our citizens , a significant buffer of green trees and free4lowing water . i i i l21