|
ATTACHMENT 5
<br />Conservation Easements i3
<br />Capital Project Ordinance
<br />Be it ordained by the Orange County Board of County Commissioners that pursuant to Section
<br />13,2 of Chapter 159 of the General Statutes of North Carolina, the following capital project is
<br />hereby adopted.
<br />Section 1. The project authorized provides funds for the acquisition of conservation
<br />easements to help preserve County farmland with a priority placed on farms with
<br />a strong conservation track record in water supply watersheds. Financing for the
<br />project includes proceeds from private placement loans and federal grant funds
<br />from the USDA Natural Resource Conservation Service,
<br />Section 2. The officers of the County are hereby directed to proceed with the project within
<br />the budget contained herein.
<br />Section 3.
<br />Section 4.
<br />The following revenue is anticipated to complete this project:
<br />The followings amount is appropriated for this project:
<br />Though FY 2003 -
<br />04
<br />FY 2004-05
<br />Through FY 2004-
<br />05
<br />_
<br />Sales Tax
<br />$0
<br />$0
<br />$0
<br />Bond Funds
<br />$0
<br />$0
<br />$0
<br />Private Placement
<br />$1,000,000
<br />$500,000
<br />$1,500,000
<br />Grant Funds
<br />$1,422,995
<br />$845,686
<br />$2,268,681
<br />Pees
<br />$0
<br />$0
<br />$0
<br />Transfer from Lands Legacy
<br />Capital Proj
<br />$0
<br />$27,000
<br />$27,000
<br />Total Fundingl
<br />$2,422,995
<br />1 $1,372,686
<br />$3,795,681
<br />The followings amount is appropriated for this project:
<br />Section 5. This ordinance supersedes all previous Conservation Easements Capital Project
<br />Ordinances for Orange County.
<br />Section 6. This ordinance shall remain in effect until June 30, 2006,
<br />Adopted this 23rd day of June 2005,
<br />Through FY 2003-
<br />04
<br />FY 2004 -05
<br />Through FY 2004
<br />05
<br />Land/Building:
<br />Walters Easement
<br />$725,000
<br />$0
<br />$725,000
<br />Volpe Easement
<br />$73,100
<br />$0
<br />$73,100
<br />Cheek Easement
<br />$580,000
<br />$0
<br />$580,000
<br />McPherson Easement
<br />$0
<br />$68,000
<br />$68,000
<br />Ward Easement
<br />$0
<br />$444,750
<br />$444,750
<br />Lloyd Easement
<br />$0
<br />$219,000
<br />$219,000
<br />Unallocated
<br />$1,044,895
<br />$640,936
<br />$1,685,831
<br />Total Land/Building
<br />$2,422,995
<br />$1,372,686
<br />$3,795,681
<br />Design
<br />$0
<br />0
<br />$0
<br />Construction
<br />$0
<br />0
<br />$0
<br />Total Costs
<br />$2,422,9951
<br />$1,372,6861
<br />$3,795,681
<br />Section 5. This ordinance supersedes all previous Conservation Easements Capital Project
<br />Ordinances for Orange County.
<br />Section 6. This ordinance shall remain in effect until June 30, 2006,
<br />Adopted this 23rd day of June 2005,
<br />
|