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32 <br /> Slide #43 <br /> FY2022-23 Recommended Parrs, Opel Space, and <br /> Trail Development Projects <br /> • Conservation Easements - $1,000.DDD (p, 69) <br /> - Budgeted every other year at$1,0XIDOD <br /> • $5 0,00D In County Funding <br /> 3540,000 i ri graril Fundi rig <br /> - Provides matching funds to preserve farmland, natural areas, <br /> and water quality buffers <br /> - Approximately 2.500 acres currently protected by conservation <br /> easements throughout the County <br /> - Current projectbalance-$3-4 million (50% Grant) <br /> ORANGE COUNTY <br /> { raorcr]I CAROLINA <br /> Travis Myren continued the presentation. He said they are making sure to only borrow <br /> for projects that are ready to go, so that borrowed funds are not accumulating. He said the <br /> county will pay for them initially and then reimburse themselves with borrowed funds. <br /> Slide #44 <br /> FY2022-23 Recommended Parks, Opel Space, and <br /> Trail Development Projects <br /> • Lands Legacy Program - $500,000 (p. 7 ) <br /> - Established in 2000 <br /> - Preserve and protect critical natural and cultural resources <br /> Threatened Farmland and future park sites <br /> • Wildhfe habllal and prime forests <br /> • V�latersried dream Dl,fhers <br /> • Cultural. archaeological.a-id bisloric piles <br /> - Current project balance of$1.9 million-($1,5 million County <br /> funds) <br /> 44 <br /> Travis Myren said this did not originally have a reccuring budget. He said the the Lands <br /> Legacy Program could be a source for future parkland. <br />