FY2024-FY2029 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: PR1036

Activity #: C7109.7109.01

Capital Project Title: Richard W. Kanode Farm Park

Region: Thurmont

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

Year Identified: 2021 Est Completion Date: 12/31/2025

Capital Project Description: The Richard W. Kanode Farm Park property was donated to Frederick County by way of a Life Estate bequeathment. As part of this parkland dedication, a Memorandum of Understanding was executed between Mr. Kanode and Frederick County that this property would only be used for agricultural and equestrian activities in perpetuity. This would also be consistent with the Agricultural Preservation Easement that encumbers a majority of the property. In keeping with Mr. Kanode ’ s wishes, the initial development of this park will include a entrance road and driveway to accommodate two-way traffic, various upgrades and improvements to existing farm buildings, provide an indoor and outdoor equestrian riding rink, equestrian trails, roadway/parking lot, public utilities and landscaping.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

Studies / Surveys

391,721 206,966

184,755

Site Improvement - NonBldg

150,000

150,000

Architect/Engineering

235,811 235,811

Construction

4,441,104

4,441,104

Construction - IIT Infrastruct

61,900 172,438 74,295 688,423 29,930

61,900 172,438 39,415 688,423 29,930

Inspectors - County Project Management

34,880

Capital - Furniture / Equipmen

Capital - IIT Hardware

Total Cost:

6,245,622 477,657 150,000 5,617,965

Funding Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

Trans from General Fund Trans from Parks Acquisition General Obligation Bonds

150,000

150,000

5,345,622 477,657

4,867,965

750,000

750,000

Total Cost:

6,245,622 477,657 150,000 5,617,965

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