FY2021 Adopted Budget

Capital Project Summary

Capital Project Number: PR1026

Activity #:

Capital Project Title: Old National Pike DP - Ph 2

Region: New Market

Asset Type: Parks & Recreation Asset Category: Parks & Recreation

Year Identified: 2010 Est Completion Date: 12/1/2023

Capital Project Status: Active

Capital Project Description: This second phase of development will include construction of new facilities such as picnic shelters, basketball courts, tennis/pickle ball courts, converting natural grass Fields 4 & 5 into synthetic turf multipurpose fields with lighting, athletic field lighting for baseball Fields 3 & 6, playgrounds, volleyball courts, two restrooms, an amphitheater, paved hike/bike trail, landscaping, roads and parking lots. Project will also include replacement of existing (Phase I development) water vaults and valves, mister poles, water fountains, shelter/roadway/parking lot lights to LED, and trash cans. Additional phases will be determined in future CIP requests.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

Site Improvement - NonBldg

235,765 704,617

235,765

Architect/Engineering

704,617

Construction

7,071,623

7,071,623

Construction - IIT Infrastruct

35,542 362,575 67,429 616,177 68,844

35,542 300,794 36,779 616,177 68,844

Inspectors - County Project Management

61,781 30,650

Capital - Furniture / Equipmen

Capital - IIT Hardware

Total Cost:

9,162,572

797,048

8,365,524

Funding Schedule:

Project Total

Prior Budget

Categories

2021

2022

2023

2024

2025

2026 Costs After

Trans from General Fund Trans from Parks Acquisition General Obligation Bonds

0

5,645,592

797,048

4,848,544

0

Recordation Tax Bonds

3,516,980 9,162,572

3,516,980 8,365,524

Total Cost:

797,048

554

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