FY2024-FY2029 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: 12/1/2028

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

2024

2025

2026

2027

2028

2029 Costs After

Site Improvement - NonBldg

29,765

29,765

Architect/Engineering

1,220,382 12,203,817

1,220,382

Construction

12,203,817

Construction - IIT Infrastruct

118,764 193,475

118,764 193,475 35,436

Inspectors - County Project Management

72,644

37,208

Capital - Furniture / Equipmen 3,554,177

3,554,177

Capital - IIT Hardware

84,312

84,312

Total Cost:

17,477,336

1,287,355

16,189,981

Funding Schedule:

Project Total

Prior Budget

Categories

2024

2025

2026

2027

2028

2029 Costs After

State Grants - Capital Trans from Impact Fee General Obligation Bonds

3,800,000 3,145,185 7,532,151 3,000,000 17,477,336

400,000 645,185 242,170

3,400,000 2,500,000 7,289,981 3,000,000 16,189,981

Impact Fee Bonds

Total Cost:

1,287,355

79