FY2022-FY2027 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: PR1026

Activity #: C7107.7107.01

Capital Project Title: Old National Pike DP - Ph 2

Region: New Market

Capital Project Status: In Progress Asset Type: Parks & Recreation Asset Category: Parks & Recreation

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

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

2022

2023

2024

2025

2026

2027 Costs After

Site Improvement - NonBldg

241,659

241,659

Architect/Engineering

704,617 704,617

Construction

7,248,414

7,248,414

Construction - IIT Infrastruct

36,431 370,095 68,348 631,581 70,565

36,431 308,314 37,698 631,581 70,565

Inspectors - County Project Management

61,781 30,650

Capital - Furniture / Equipmen

Capital - IIT Hardware

Total Cost:

9,371,710 797,048

8,574,662

Funding Schedule:

Project Total

Prior Budget

Categories

2022

2023

2024

2025

2026

2027 Costs After

Trans from General Fund Trans from Parks Acquisition General Obligation Bonds

0

4,154,410 797,048

3,357,362

0

Recordation Tax Bonds

5,217,300

5,217,300 8,574,662

Total Cost:

9,371,710 797,048

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