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10-12
<br />Orange County Comprehensive Parks and Recreation Master Plan
<br /> CHAPTER 10 - Goals, Objectives, and Recommendations 10
<br />6. The Vision – Review of Planned Financing and
<br /> Capital Investments
<br />
<br />
<br />In 2007, Orange County began including all planned
<br />park projects in its Capital Investment Plan (CIP). A
<br />CIP is a comprehensive schedule of projected capital
<br />investments, typically including non-recurring capital
<br />investments above a certain dollar threshold that
<br />requires partfcular attentfon for planning of funding
<br />and in some cases, debt issuance. It is important to
<br />note that the CIP is working document and a blue-
<br />print for the future. Actual funding appropriatfons
<br />are made on an annual basis as part of the annual
<br />County budget adoptfon. A CIP may most accurately
<br />be viewed as a schedule of funding “intentfons,” one
<br />that is reviewed and adjusted annually.
<br />
<br />Orange County’s CIP is a five-year plan that also iden-
<br />tffies expected projects for as second five-year peri-
<br />od. As of the date of this master plan, the current
<br />
<br />Category / Project
<br />Master
<br />Plan?
<br />FY 2013-2018
<br />($)
<br />FY 2018-beyond
<br />($)
<br />Total Funding
<br />($)
<br />Start
<br />Year
<br />Completfon
<br />Year
<br />New Planned Parks
<br />Blackwood Farm Park X 0 4,400,000 4,450,000 2013 2019
<br />Bingham District Park 0 7,000,000 7,000,000 2019 2021
<br />Millhouse Road Park 6,500,000 3,000,000 9,500,000 2016 2020
<br />Northeast District Park 8,000,000 8,000,000 2020 2022
<br />Existing Parks – Future Phases
<br />Cedar Grove Park – Phase II
<br />(Community Park)
<br />X 0 1,600,000 1,600,000
<br />(3,408,000)
<br />2019 2021
<br />Eurosport Soccer Center –
<br />Phase II (Soccer Complex)
<br />X 1,600,000 4,550,000 6,150,000
<br />(8,350,000)
<br />2015 2021
<br />River Park – Phase II X 250,000 0 250,000
<br />(300,000)
<br />2015 2016
<br />Twin Creeks Park - Phase II
<br />(District Park)
<br />X 0 8,000,000 8,000,000
<br />(11,800,000)
<br />2018 2025
<br />Little River Regional Park and
<br />Natural Area
<br />X 175,000 250,000 425,000
<br />(1,946,000)
<br />2015 2022
<br />Natural Preserves
<br />Upper Eno Nature Preserve 440,000 440,000 880,000 2015 2021
<br />New Hope Preserve – Hollow
<br />Rock Access Area
<br />X
<br />550,000
<br />
<br />165,000
<br />
<br />640,000
<br />
<br />2013
<br />
<br />2022
<br />Trails
<br />Mountains-to-Sea Trail 0 500,000 500,000 2018 2025
<br />Land Acquisition
<br />Lands Legacy – Parks and Public
<br />Open Space Portfon
<br />
<br />1,200,000
<br />
<br />1,000,000
<br />
<br />4,400,000
<br />
<br />2014
<br />
<br />2025
<br />TOTAL $10,715,000 $38,905,000 $49,620,000
<br />Table 10-1: Park and Public Open Space Projects – FY 2013-18 Capital Investment Plan (adopted)
<br />adopted Orange County CIP is the “FY 2013-18
<br />Capital Investment Plan.”
<br />
<br />Due to having an existfng master plan, and a Lands
<br />Legacy Program that has acquired several future park
<br />sites, almost all of the recommended parks projects
<br />in this plan are already included within the FY 2013-
<br />18 CIP. The projects have been scheduled based on a
<br />combinatfon of the following factors:
<br />
<br /> previously-identffied need,
<br /> the existence of a master plan for the facility,
<br /> possible funding partners, and
<br /> potentfal availability of funds (as best can be deter-
<br />mined one to five years in advance).
<br />
<br />Table 10-1 lists the parks and public open space
<br />projects that are part of the approved FY 2013-18 CIP
<br />(listed in alphabetfcal order). Table 10-2, which
<br />follows, outlines the operatfng and equipment costs
<br />that are associated with the same projects.
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