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T <br /> i a a <br /> County Capital Projects <br /> Fiscal Fears 2011=I <br /> Project Name Twin Creeks Dark and Educational Campus Phase II Project Status Recommended <br /> mend'e d <br /> Functional Service Area Community y and Environment Starting Date 7111200,E <br /> Department # E Completion Date 71112021 <br /> Available Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 0 <br /> Prior Years Balances Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to <br /> Project Budget Funding 212012011 2011-1 2012-1 2013-14 2014-1 2016-16 Total Year 1 <br /> Ippropria orr <br /> LandlBuilding , <br /> ConstrucUonlRepairslRenovations 11928,643 600,000 600V000 81000,000 <br /> EquipmentlFurnishings <br /> Total Project Budget *1,979,457 600, 00 8001,000 81000,000 <br /> General Fund Related OperaUng Costs <br /> Personnel Services <br /> Opera ons # <br /> New Debt Service <br /> Total OperaUng Costs .. - . <br /> RevenueslFunding Source <br /> Transfer from general Fund 900,000 # <br /> Future Debt Issuance 650,000 600r000 600tOOO 8�000rOOO <br /> Fun din g from other infrastructure partner <br /> Grant Funding NCDOT 429+457 <br /> Total I y9799457 8001,000 - - 600,000 87000000 <br /> Pr9ject.Description/Justification <br /> Twin Creeks MonIes N orp Park is located along Old NC 88 north of Carrboro. Funding for this Phase 11 of th is park is projected to be in ,rears 6-10. However, <br /> an opportunfty to construct the main entry road may a lst in 2013 in conjunction with shared roadway owner MI Homes and I alientine subdivision. Potential <br /> participation Ion 0% of the road construction cost is reflected here, if the County chooses to participate. If it does not participate, a longer more costly <br /> segment of the road may be required in the future at the time of park construction.) A Phase III of the park would likely exist and be beyond the scope of Year <br /> 10. <br /> 3 <br />