FY2023-FY2028 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, 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

2023

2024

2025

2026

2027

2028 Costs After

Site Improvement - NonBldg

263,408

263,408

Architect/Engineering

704,617 704,617

Construction

12,205,527

12,205,527

Construction - IIT Infrastruct

39,710 397,843 71,741 688,423 76,916

39,710

Inspectors - County Project Management

61,781 336,062

30,650

41,091 688,423 76,916

Capital - Furniture / Equipmen

Capital - IIT Hardware

Total Cost:

14,448,185 797,048 13,651,137

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Trans from General Fund Trans from Parks Acquisition General Obligation Bonds

0

7,530,885 797,048 6,733,837

0

Recordation Tax Bonds

6,917,300

6,917,300

Total Cost:

14,448,185 797,048 13,651,137

106

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