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3 <br /> Soccer.com Center Capital Project ($330,000) - Project# 20026 <br /> Revenues for this project: <br /> Current FY 2015-16 FY 2015-16 <br /> FY 2015-16 Amendment Revised <br /> Alternative Financing $2,817,000 $0 $2,817,000 <br /> 2001 Bonds $1,350,000 $0 $1,350,000 <br /> 2/3 Net Debt Financing $381,960 $0 $381,960 <br /> Grant Funds $33,128 $0 $33,128 <br /> Sponsorships $12,000 $0 $12,000 <br /> From General Fund $26,040 $330,000 $356,040 <br /> Total Project Funding $4,620,128 $330,000 $4,950,128 <br /> Appropriated for this project: <br /> Current FY FY 2015-16 FY 2015-16 <br /> 2015-16 Amendment Revised <br /> Soccer.com Project $4,620,128 $330,000 $4,950,128 <br /> Total Costs $4,620,128 $330,000 $4,950,128 <br /> SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br /> this item: <br /> • GOAL: CREATE A SAFE COMMUNITY <br /> The reduction of risks from vehicle/traffic accidents, childhood and senior injuries, gang <br /> activity, substance abuse and domestic violence. <br /> The project will allow for improved parking facilities at the existing park, which helps to reduce <br /> risks from vehicle/traffic accidents and thereby further one of Orange County's Social Justice <br /> Goals of creating a safe community. <br /> RECOMMENDATIONS: The Manager recommends that the Board: <br /> 1) Approve the purchase of approximately 37 acres of land located on West Ten Road <br /> from the S.L. Efland Heirs, LLC and approve Budget Amendment #9-A with the <br /> amended Capital Project Ordinances; <br /> 2) Authorize the Chair to sign the contract on behalf of the County, subject to final <br /> review by staff and County Attorney; and <br /> 3) Instruct the County Attorney and staffs from DEAPR and Financial Services to <br /> schedule and complete a closing on the property expected to occur on or before July <br /> 31, 2016. <br />