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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