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Reuort on the Parks Bond and Other Parks-Related Projects <br />For the period November X997 to the present <br />A. 1997 Parks Bond -Status Report <br />1. Facilities Development- $3.0 million <br />(Bond included $1 million for Homestead Parkin Chapel Hill, $1 million for <br />Southern Community Park in Chapel Hill, $500,000 for Efland-Cheeks Community <br />Park, $500,000 undesignated) <br />S ent or A ro rioted From Bond To Date <br />$757,690: Efland-Cheeks Community Park (Phase Y) <br />• $105,000: To Town of Chapel Hill for Southern Community Park (lights, <br />bleachers and irrigation for soccer field) <br />• $145,000: To Town of Chapel Hill for Homestead Community Park (utility <br />building for skateboard park and batting cage) <br />• $75,000: To match Town of Carrboro funds far enhancement of fields at <br />Smith Middle School <br />No other facility development bond money has been requested for . <br />authorized projects (remainder of Homestead Park, Southern Park) <br />Total Facilities Bond spent/appropriated to date - $1,082,690 <br />As of current date, $1,917,310 remaining ($167,310 undesignated) <br />2. Parkland Acquisition - $3.0 milliion <br />$110,774 for Cedar Grove Park (Northern Human Services Center) <br />As of current date, $2,889,226 remaining <br />See Lands. Legacy Interii» Action P/an for Proposed Park/and Banking <br />Program <br />B. the Park-Re to Pro' cts <br />1. Little River Regional Park and Natural Area (option) - $88,000 to $132,000 <br />total County cost (projected from combination of sources) <br />2. "McGowan Creek Preserve" (Duke property) - $157,000 total County cost (i/2 <br />from ERC fund and ~/~ from School/Park Reserve accumulated interest) <br />3. Riverwalk Parkin Hillsborough -agreed to use of County-owned lands along <br />Eno River adjacent to County campus for park area. <br />