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<br /> Lands Legacy Program
<br /> Project Category County Project Status: Active Project Type
<br /> Functional Service Area: Community Services Proposed Bid Date: TBD New x
<br /> Department: DEAPR Starting Date: TBD Expansion x
<br /> Project Number: 20011 Completion Date: TBD Renovation x
<br /> Replacement
<br /> Project Description/Justification:
<br /> The Lands Legacy Program,established in April 2000, is an award-winning,
<br /> comprehensive program to conserve and protect the County's most critical
<br /> natural and cultural resources, including prime and threatened farmland;future
<br /> parklands; natural areas,wildlife habitat and prime forests;watershed stream :x.
<br /> buffers; and historic and archaeological sites. Farmland conservation and other s:
<br /> natural areas conservation also occurs through the associated "Conservation -
<br /> Easements" project.Acquisition of the Bingham Township District Park site,
<br /> Mountains to Sea Trail corridor land/easements, continued acquisitions for the
<br /> Upper Eno Nature Preserve, and the Jordan Lake Macrosite natural area are
<br /> among several top anticipated priorities for these current and planned funds.
<br /> Currently,approximately$1.83 million is available in this project for those(and
<br /> other opportunity) purposes, and it is expected that the current funds will be
<br /> exhausted during FY 20-21. Funding is proposed in Year 2 to begin to replenish
<br /> funds by renewing the previous annual appropriations approach.The County has
<br /> and will continue to aggressively seek to leverage these funds through grants
<br /> ($5.8 million to date)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 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 Total Year10
<br /> Appropriation
<br /> Land/Building 8,410,452 500,000 500,000 500,000 500,000 2,000,000 2,500,000
<br /> Appropriation Total 8,410,452 500,000 500,000 500,000 500,000 2,000,000 2,500,000
<br /> Revenues/Funding Source
<br /> Debt Financing 7,300,000 250,000 250,000 250,000 250,000 1,000,000 1,250,000
<br /> Transfer from General Fund 1,110,452
<br /> Grant Funding 250,000 250,000 250,000 250,000 1,000,000 1,250,000
<br /> Revenues/Funding Source Total 8,410,452 500,000 500,000 500,000 500,000 2,000,000 2,500,000
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