FY2024-FY2029 Adopted Capital Improvement Program

Capital Project Summary

Capital Project Number: GG2045

Activity #: C3210.3210.01

Capital Project Title: Prospect Center Building Acq & Build Out

Region: Frederick

Capital Project Status: In Progress Asset Type: Other Asset Category: General Government

Year Identified: 2021 Est Completion Date: 6/30/2023

Capital Project Description: Establish a CIP for the acquisition of a Oak Street/Himes Ave building and a fit out of the building to be utilized for multiple County departments including 911 Center location.

Cash Requirement Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

NonCapital Furniture / Equipment

3,214,772

214,772

1,500,000 1,500,000

Real Estate

20,452,000 20,452,000

Architect/Engineering

869,968

869,968

Construction

42,017,882 19,822,013 222,323 3,263,546 1,955,000 1,955,000 7,400,000 7,400,000

Construction - IIT Infrastruct

1,115,841

185,841 75,000 75,000

15,000 15,000 15,000

15,000 450,000 450,000 15,000 100,000 100,000 15,000 100,000 100,000

Inspectors - County Project Management Capital - IIT Hardware

305,000 305,000

3,085,841

2,000,000 185,841

450,000 450,000

Total Cost:

71,366,304 40,274,013 3,092,291 4,000,000 2,000,000 2,000,000 10,000,000 10,000,000

Funding Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

Federal Grants - Capital State Grants - Capital Trans from General Fund Sale of Capital Assets General Obligation Bonds

869,968

869,968

1,100,000

1,100,000

34,146,336 31,146,336 500,000 500,000 500,000 500,000 500,000 500,000

2,777,677 2,777,677

32,472,323 6,350,000 622,323 3,500,000 1,500,000 1,500,000 9,500,000 9,500,000 71,366,304 40,274,013 3,092,291 4,000,000 2,000,000 2,000,000 10,000,000 10,000,000

Total Cost:

73