FY2022-FY2027 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: GG3005

Activity #: C4002.4002.01

Capital Project Title: Middletown Library Asset Type: Library Asset Category: General Government Capital Project Status: In Progress

Region: Middletown

Year Identified: 2017 Est Completion Date: 3/1/2023

Capital Project Description: This project replaces the Middletown Branch Library on Prospect Street with a new 15,250 s.f. library on a developer- donated site on Green Street, west of the school complex. The Town will transfer the property to the County upon the County's request.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2022

2023

2024

2025

2026

2027 Costs After

NonCapital Furniture / Equipment

494,598

494,598

Site Improvement - NonBldg

122,599 122,599 662,418 662,418

Architect/Engineering

Construction

6,584,783

6,584,783

Construction - IIT Infrastruct

71,094 169,647 30,650 882,321 50,387

71,094 169,647

Inspectors - County Project Management

30,650

Capital - Furniture / Equipmen

882,321 50,387

Capital - IIT Hardware

Total Cost:

9,068,497 815,667 7,079,381 1,173,449

Funding Schedule:

Project Total

Prior Budget

Categories

2022

2023

2024

2025

2026

2027 Costs After

State Grants - Capital Trans from General Fund Trans from Impact Fee General Obligation Bonds

1,886,724 300,000 1,000,000 586,724

0

4,181,773 515,667 3,079,381 586,725

0

Impact Fee Bonds

3,000,000

3,000,000

Total Cost:

9,068,497 815,667 7,079,381 1,173,449

79