Funding VLP Amenities

Phase 1 of Valdese Lakeside Park will be built leveraging private donations to win grants.

Goal: $200K donations from community
Deadline: December 31, 2018
Amount after donations and grants:
$800K ($400K greenway + $400K amenities) to start building the park in early 2020 (if grants awarded)

Step 1 DEQ Grant: Use the community’s $200K as matching money for a $200K greenway along water grant from the state – DEQ (North Carolina Department of Environmental Quality). If awarded, an almost 2 mile, 10ft wide crushed fine greenway along the lake and creek would be built at a cost of $400K.
Application due Dec 31, 2018.

$200K donations for match
$200K NC DEQ greenway grant
$400K approx. 2-mile greenway (10 ft wide)

Step 2 PARTF Grant: Take above $400K (if awarded) and use it as matching money for a $400K NC PARTF Grant. This grant is for $400K in amenities (possible options: parking, restroom, shelter, playground, dog park, overlook, etc)
Application due May 1, 2019.

$400K for amenities (would discuss with PARTF grant officials which amenities would score better in grant application process).

 Other Possibilities

North Carolina Wildlife Resources Commission – Kayak and Fishing
The town is on the list with North Carolina Wildlife Resources Commission to have them install an ADA kayak/canoe launch and fishing pier (fully funded). We will know in July 2019 if awarded.

RTP Grant – Catawba River BluewayTrail – Funded – kayak launch signage
This project is currently in the design phase.

The Community Foundation of Burke County Grant ($10K)
Application due July and is awarded Oct/Nov. Apply in 2019 to pay half on an amenity that is the dog park ($9K) in 2019 – if that lines up with PARTF request.

Bridge Across McGalliard Creek – $250K Needed from Donations
We are still looking into ways to fund the 200-foot bridge across McGalliard Creek to complete the trail from McGalliard Falls Park to Valdese Lakeside Park. Cost would be around $250K. There is not a grant opportunity for this that can be found. If bridge could be funded, it would help secure the NC DEQ grant and the NC PARTF grant.

 Where funding stands right now

From the $143,080, FVR helped raise for park amenities in 2017, we have spent $20,375 on a park plan. Some the remaining $122,705 (what we have on hand as of April 1, 2019) will count toward our $210K. That amount is currently $99,373.

To reach $210K, we need $110,627 by April 1, 2019.

Valdese Lakeside Park Project Account Balances (from donations)

 FVR VLP Account

 Town VLP Account

 Pledges Coming In

 $38,082 – $20,375
=$17,707 (on hand)
$40,000 (on hand) $27,500 Fall 2018
$2,500 July 2019
11,666 Early 2019$11,666 in 2020 and 2021
But will not help with grant matching