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Resource Lands Conservation (Lands Legacy) Project <br />Capital Project Ordinance <br />Be it ordained by the Qrange County Board of County Commissioners that pursuant to Section 13.2 of <br />Chapter 159 of the General Statutes of North Carolina, the following capital project is hereby adopted. <br />Section 1. The project authorized is for the purchase of land far natural resource and farmland <br />preservation. Financing far the project includes proceeds from the County's portion of the <br />one-half cent sales taxes, a portion of property tax, and grants from the Clean Water <br />Management Trust. <br />Section 2. The officers of the County are hereby directed to proceed with the project within the budget <br />contained herein. <br />Section 3. The following revenue is anticipated to complete this project: <br /> Through FY <br />1999-00 <br />FY 200D-01 Through FY <br />2000-01 <br />McGowan Creek Preserve farmed known as Duke Forest <br />Inte ovemmental <br />Clean Water Trust Grant $143,000 $0 $143,000 <br />Totallnte ovemmental $143,000 $0 $143,000 <br />Transfers From Other Funds <br />Transfer from School/Park Capital Reserve <br />(accrued interest) <br />$78,549 <br />$0 <br />$78,549 <br />Transfer from General Fund (Property Tax) $78,548 $0 • $78,548 <br />Total Transfers From Other Funds $157,097 $0 $157,097 <br />Total McGowan Creek Preserve 5300,097 50 $300,097 <br /> <br />Little River Re Tonal Park and Natural Area <br />Intergovernmental <br />Clean Water Mana ement Trust $0 $131,950 $131,950 <br />Parks ~ Recreation Trust $0 $87 500 $87,500 <br />Triangle Land Conservancy 8 Eno River <br />Association <br />$0 <br />$59,500 <br />$59,500 <br />Land and Water Conservation Fund $0 $262,000 $262 000 <br />Total Intergovernmental $0 $540,950 $540,950 <br />1997 Bond Funds $0 $44,514 $44,514 <br />Transfer from Subdivision Payment-in-Lieu Fund $0 $44,514 $44,514 <br />Total Little River Regional Park and Natural Area $0 $629,978 $629,978 <br /> <br />Unallocated Funds <br />Transfers from Other Funds <br />Transfer from General Fund (Sales Tax) $75,000 $100,000 $175,000 <br />Transfer from General Fund (Property Tax) $96 452 $100,000 $196,452 <br />Total Unallocated Funds $171,452 $200,000 $371,452 <br />Total Pro'ect Revenues 5471,549 5829,978 $1,301,527 <br />