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The Farm, Food, and Family Education Center: Funding Sources

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(As of February 8, 2024)

The Farm, Food, and Family Education Center (F3EC) project was initiated in June 2021 after previous attempts to fund an “Ag Center” in Randolph County failed. An influx of federal funding for infrastructure projects came to NC from COVID-19 relief funding. Representative Allen McNeill contacted Randolph County County Commissioners and asked if there was interest in seeking funding to revive the “Ag Center” Project. Kenneth Sherin, County Extension Director and Extension Center staff, provided a new vision through their conceptual plan document for the Farm, Food, and Family Education Center to Representative McNeill to support his funding proposal in the state budget process. With Representative McNeill’s leadership and the support of other state representatives, including NC Senator Dave Craven, funding the F3EC has gotten off to a great start. The current cost estimate from the architects is approximately $35.1 Million. 

The table below is an “accounting” of current funds acquired to build the F3EC. All of this information is in the public domain, either in NC State Budget Documents or Randolph County Broad of Commissioners Meeting Agendas but below is a summary. Other funding sources are being sought to bring the project across the finish line. If you have any questions (or funding sources), please contact Kenneth Sherin at kenneth_sherin@ncsu.edu or call 336-318-6000.

 

State Capital & Infrastructure Fund Grants

$  18,400,000

Dept of Commerce grant

900,000

Tobacco Trust Fund grant

596,851

Donation – Waste Management

750,000

Debt Issued – USDA loans through REMC

4,000,000

Transfers from General Fund

5,250,000

Interest earnings

1,236,200

Sales Tax Refunds

600,000

Transfer from Capital Reserve

953,149

Total Construction Cost

$35,136,200

Golden Leaf Foundation (Equipment for Agricultural Training)

1,000,000