FY2023-FY2028 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: GG3006

Activity #:

Capital Project Title: Linganore Town Center Library

Region: New Market

Asset Type: Library Asset Category: General Government

Year Identified: 2017 Est Completion Date: 12/1/2027

Capital Project Status: Active

Capital Project Description: This project constructs a single-story 25,000 s.f. library off MD RT 144, convenient to the Oakdale Elementary School. It will provide library service to Spring Ridge, Lake Linganore, New Market, and Monrovia, areas currently without library service.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

Site Improvement - NonBldg

26,341

26,341

Architect/Engineering

1,079,984 10,799,838

1,079,984

Construction

10,799,838

Construction - IIT Infrastruct

105,101 171,217

105,101 171,217 31,359

Inspectors - County Project Management

64,286

32,927

Capital - Furniture / Equipmen 3,145,289

3,145,289

Capital - IIT Hardware

74,612

74,612

Total Cost:

15,466,668

1,139,252 11,182,127 3,145,289

Funding Schedule:

Project Total

Prior Budget

Categories

2023

2024

2025

2026

2027

2028 Costs After

State Grants - Capital Trans from Impact Fee General Obligation Bonds

3,800,000 3,145,185 5,521,483 3,000,000 15,466,668

400,000 2,000,000 1,400,000 645,185 2,000,000 500,000 94,067 4,182,127 1,245,289

Impact Fee Bonds

3,000,000

Total Cost:

1,139,252 11,182,127 3,145,289

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