Council faces one last hurdle
A state board is expected to approve Marvin’s plans for financing park land when it meets Feb. 8 in Raleigh.
Getting the endorsement of the N.C. Local Government Commission is the last major hurdle for the Marvin Village Council, as it moves closer to completing the purchase of the Walden Pond properties, the site of its future passive park and walking trail.
The town has a contract to buy the 27.68-acre site on New Town Road for $950,000, 20 percent less than the original $1.2 million price. The village will pay $200,000 out of its general fund and finance the $750,000 balance with Bank of America.
The sale is contingent on approval by Local Government Commission, but local officials expect no opposition. The town hopes to close the sale on Feb. 11, three days after the state board meets.
Village officials also hope to receive help with a grant from North Carolina ‘s Park and Recreation Trust Fund. If the state approves the village’s grant application, Marvin could get up to $475,000, which would reduce local taxpayers’ cost by half.
The N.C. General Assembly established the park trust fund in 1994 to pay for improvements to the state park system and help local governments to acquire and build recreational facilities and parks on a dollar-for-dollar match.
In 2010, the state granted $9,179,034 to projects around the state. Union County received a $500,000 grant in 2008 for Jesse Helms Park development. In 2004, the county received $250,000 for Cane Creek Park, $250,000 for the Jesse Helms Park land acquisition and $142,000 for a Wingate community center.
Marvin is competing with other towns and cities for the funds. Indian Trail and Wesley Chapel are vying for $500,000 grants this year. Marvin officials should know by late spring whether they will get the state money.