|
County Capital Projects
<br />Fiscal Years 2014 -19
<br />Project Name Twin Creeks Park and Educational Campus Phase H Project Status Approved
<br />Functional Service Area Community and Environment Starting Date 71112009
<br />Department DEAPR Completion Date 71112025
<br />Current
<br />Year 1 Year 2 Year 3 Year 4 Year 5 Five
<br />Year 6
<br />Prior Years Fiscal Year
<br />Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year
<br />to
<br />Project Budget Funding 2013 -14
<br />2014 -15 2015 -16 2016 -17 2017 -18 2018 -19 Total
<br />Year 10
<br />Appropriation
<br />Land /Building 50,814
<br />Professional Services
<br />200,000
<br />Construction /Repairs /Renovations 1,905,643
<br />-
<br />7,800,000
<br />Equipment /Furnishings
<br />- - - - - -
<br />8,000,000
<br />Total Project Budget 1,956,457 -
<br />General Fund Related Operating Costs
<br />Personnel Services
<br />Operations
<br />New Debt Service
<br />Total Operating Costs
<br />Revenues /Funding Source
<br />General Government Revenue
<br />277,000
<br />General Fund - Debt Service
<br />Future Debt Issuance
<br />1,250,000
<br />Funding from other infrastructure partner
<br />Grant Funding NCDOT
<br />429,457
<br />Total
<br />1,956,457
<br />Project Description /Justification
<br />240,000
<br />300,000
<br />57,600 57,600 57,600 57,600 57,600 57,600 288,000 2,611,200
<br />57,600 57,600 57,600 57,600 57,600 57,600 288,000 3,151,200
<br />540,000
<br />57,600 57,600 57,600 57,600 57,600 57,600 288,000 2,611,200
<br />III II6
<br />Twin Creeks (Moniese Nomp) Park is located along Old NC 86 north of Carrboro. Phase I of the park (Jones Creek Greenway) was completed in 2011. Funding for Phase
<br />11 of this park is projected for Year 7, with design and pre - constructionin Year 6. However, an opportunity to construct the main entry road may exist in conjunction with
<br />shared roadway property owner MI Homes (Ballentine subdivision). To that end, $600,000 for road construction was funded in FY 12 -13. However, a road network
<br />analysis is planned by the Town of Carrboro that may delay activity on the road project. Participation in the road construction cost is reflected here, if the County chooses
<br />to participate. (If it does not participate, a longer, more costly segment of the road may be required in the future at the time of park construction.) A Phase III of the park
<br />would likely exist and be beyond the scope of Year 10.
<br />57
<br />
|