Agenda - 05-14-2015 - 1 - Laserfiche WebLink

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3 Buckhorn-Mebane EDD Phases 3 and 4 -includes $2,500,000 in Year 4 (FY 2018-19) for the Buckhorn-Mebane Phases 3 and 4 construction projects. Note: this project has been moved back two years from the current CIP to allow for the operation of Phase 2 for a period of time prior to starting Phases 3 and 4. Economic Development Utility Extension Project(s)– provides funds of $250,000 in Year 1 (FY 2015-16) for future economic development projects that are currently being considered, but have not been finalized. If no project develops in the coming year, which requires utility extension, the funds would be available for future years as needed. Solid Waste: Sanitation – the current FY 2014-15 funds of approximately $3.1 million includes improvements to the Eubanks Road Solid Waste Convenience Center (SWCC), including the relocation of the main landfill entrance and scales from the south side to the north side of Eubanks Road; funds of $296,035 in Year 1 (FY 2015-16) for the replacement of a front end loader; Year 2 (FY 2016- 17) includes $519,750 for SWCC improvements at the High Rock Road site; and Year 3 (FY 2017-18) includes $393,750 for SWCC improvements at the Ferguson Road site. Recycling Operations – the current FY 2014-15 includes the purchase of a replacement roll off truck and a commercial recycling truck, and the purchase of 7,600 rural recycling carts, at a total cost of $880,203. Year 1 (FY 2015-16) provides for the purchase of 1,750 additional rural carts, the purchase of a new rural curbside recycling truck, the replacement of a rural curbside recycling truck, the replacement of a front end loader, and the construction of a recycling roll cart distribution and maintenance building, at a total Year 1 costs of $1,177,884. Years 2-5 includes the replacement of several other trucks and front end loader, as per the Enterprise Fund’s vehicle/equipment replacement schedule. Construction and Demolition (C & D) Landfill – includes $252,994 in Year 2 (FY 2016-17) to rebuild a compactor, and $219,475 in Years 6-10 to rebuild two dozers. Note:the Solid Waste Management Departmenthas instituted a re-build program for its heavy pieces of equipment (not trucks) rather than being replaced. Re-building, or overhauling, is significantly less expensive than replacing with new equipment, thereby extending its life and reducing costs. Sportsplex– the current FY 2014-15includes funding for a Mezzanine addition at the pool areato include dedicated member change areas and lockers, workout rooms, and a senior/adult cardio strength center. Year 1 (FY 2015-16) includes $2,800,000 for a new building addition that would house an indoor turf field for soccer, lacrosse, senior walking, running, Kidsplex functions, and youth/adult flag football leagues, as well as a basketball court, including bleacher seating, for youth and adult basketball leagues, court based fitness programs, volleyball, and Kidsplex activities. Projected revenue from these new projects would generate enough funds to cover the additional annual debt service needed for these projects. FINANCIAL IMPACT: There is no immediate financial impact associated with discussion of the FY 2015-20Capital Investment Plan. It is a long-range financial planning tool with a financial impact in FY 2015-16, if the first year of the CIP is approved by the Board of County Commissioners with the adoption of the Annual Budget.