Orange County NC Website
32 <br /> 1 Slide #43 <br /> FY2022-23 Recommended Parks, Open Space, and <br /> Trail Development Projects <br /> • Conservation Easements - $1,000,DDD (p, 69) <br /> - Budgeted every other year at$1,01D0,000 <br /> • S5 , in County Funding <br /> • <br /> S5QO,OW in Grant Funding <br /> - Provides matching funds to preserve farmland, natural areas, <br /> and water quality buffers <br /> - Approximately 2,500 acres currently protected by i onservation <br /> easements throughout theCounty <br /> - Current projectbalance-$3.4 million (50% Grant) <br /> ORANGE COUNTY <br /> NICIF'T]i CILR YLINA <br /> 2 <br /> 3 Travis Myren continued the presentation. He said they are making sure to only borrow <br /> 4 for projects that are ready to go, so that borrowed funds are not accumulating. He said the <br /> 5 county will pay for them initially and then reimburse themselves with borrowed funds. <br /> 6 <br /> 7 Slide #44 <br /> FY 02 - 3 Recommended Parks, Quer} Space, rir d <br /> Trail Development Projects <br /> • Lands Legacy Program - $500,000 (p. `2) <br /> - Established in 2000 <br /> - preserve and protect critical natural and cultural resources <br /> Threatened t-amytand and future part';sites <br /> Wiidllife habitat and,prime forests <br /> Watershed siream buffers <br /> • Cultural, archaeoiegiwl,and hi:stvic Mites <br /> - Current project balance of$1.9 million- (S1.5 million County <br /> funds) <br /> z <br /> ORANGECOUNTY <br /> 8 44 <br /> 9 Travis Myren said this did not originally have a reccuring budget. He said the the Lands <br /> 10 Legacy Program could be a source for future parkland. <br />