Agenda - 04-10-2014 - 2 - Laserfiche WebLink

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7 6-10 of the Recommended CIP, and will continue the use of the Environment and Agricultural Center (EAC) on Revere Road, either in its current state, an adaptive re-use of the facility, or deconstruction/new facility construction. Staff will provide additional information, including cost estimates, related to these potential options at the April 10th meeting. Funding of $1,432,508 for replacement of the roof, HVAC equipment, and parking lot improvements to the EAC is currently included in FY 2017-18). Revised CIP project pages for these two projects, as well as any other project changes directed by the BOCC at this meeting, will be provided in preparation for the May 15,2014 CIP work session. Eurosport Soccer Center (Phase 11) — This represents an investment in the current facility, with $141,000 included in Year 1 (FY 2014-15) for restrooms and other current facility improvements; $425,000 in Year 3 (FY 2016-17) for possible land acquisition for future expansion; and $4.6 million in Years 6-10 for the construction of new artificial turf fields, parking, restrooms/equipment building, equipment, and stormwater controls. Lands Legacy Program — includes $2.4 million over a two-year period ($400,000 in Year 1 and $2,000,000 in Year 2) for continued conservation and protection of the County's most critical natural and cultural resources. Note: Prior 2001 Bond authorization of $2.4 million lapsed in 2010, so new financing is recommended in Years 1 and 2. Millhouse Road Park — The recommended budget for this project reflects a possible Town of Chapel Hill/County partnership concept for this project. Funds of $100,000 for design, engineering, and preconstruction costs are recommended in Year 3 (FY 2016-17), with Park construction funds of $6,400,000, including a soccer field complex, walking trails, and other amenities, in Year 4 (FY 2017-18). Note: this project has been pushed back two years from the current CIP to be consistent with the Town's Parks and Recreation Master Plan. Special Revenue Projects (Article 46 Sales Tax Proceeds) — Highlights The Special Revenue section includes anticipated revenue from the Article 46 (1/4 cent) Sales Tax, with 50% of the proceeds for Economic Development initiatives and 50% for Education (allocated by the ADM count of the two school districts). In FY 2013-14, proceeds are estimated at $2,732,000, with 1.5% growth assumed in subsequent years. A summary is provided within the Special Revenue Projects section of the document listing the recommended uses of these proceeds. Proprietary Projects — Highlights Water & Sewer Utilities: Buckhorn EDD — Phase 2 Extension (Efland Sewer to Mebane) - reflects funds of $4,300,000 in Year 1 (FY 2014-15) for construction of this project; this represents an increase in previous anticipated costs due to revised estimates for design and construction; this continues to fit into the long range strategy to ultimately turn over the operation of the Elfand sewer system to the Town of Mebane.