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Report on_the Parks Bond and Other Parks~Related Proiects <br />Fror the period November 1997 to the present <br />A, 1997 Parks Bond -Status Report <br />1. Facilities Development - $3.0 million <br />(Bond included $1 million for Homestead Pazk in Chapel Hi11, $1 million for Southern <br />Community Park in Chapel Hill, $500,000 for Efland-Cheeks Community Pazk, $500,000 <br />undesignated) <br />Spent or AQpropriated.From,Bond To Date <br />• $757,690: Efland-Cheeks Community Park (Phase I) <br />• $105,000: To Town of Chapel Hill for Southern Community Pazk (lights, bleachers <br />and irrigation for soccer field) <br />• $145,000: To Town of Chapel Hill for Homestead Community Park (utility building <br />for. skateboard park and batting cage) <br />• ..$75,000: To match Town of Carrboro funds for enhancement of fields at Smith <br />Middle School <br />• No other facility development bond money has been requested for authorized <br />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 million <br />• $110,774 for Cedaz Grove Patk (Northern Human Services Center) <br />As of current date, $2,889,226 remaining <br />See Lands Legacy Interim Aeon P/an fog Przvposed Parkland Banking <br />Programs <br />B, Other Park-Related Pro"ects <br />1. Little River Regional Park and Natural Area (option) - $88,000 to $132,000 total <br />County cost (projected from combination of sources) <br />2. "McGowan Creek Preserve" (Duke property) - $157,000 total County cast (1/2 from <br />ERC fund and % from SchooUPazk Reserve accumulated interest) <br />3. ltiverwalk Park in Hillsborough -- agreed to use of County-awned lands along Eno <br />River adjacent to County campus for park area. <br />