CFE 120902 - Laserfiche WebLink

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Planning and Funding School Capital Proieets' ' as a model to prescribe ham and County funding Mould be pro + ided . The draft also proposes changes to the degree of y involvement and participation in the different components of pTaject approval . All proposed changes to the Town proposal are shown in bold in the attached draft (Attachment 4 ) . Following consideration of the Conceptual Plan by the Board of ComrnisslonerS5 and the resolution of the process , the Town plans to develop a Special Usa Permit application for the park . This process is anticipated to take approximately one year to complete , and will include additional public comment (as woll as two oppvrtunites for the Counter to provide comment ) , resulting in eventual approval by the Town Council , Following the Special Use, Permit , construction plans for the park would be prepared and , after County and To vn approval of tha project budget and provision of funds , park construction would begin . FINANCIAL IMPACT , The provisional cost estimate for the park , as calculated in the GDncoptusl Plan , is $ 3 . 76 million . Revisions based on changes made by the Town Council have not been incorporated into this eatlmate , A total of 2 , 795 , 000 would be available the combination of 1997 and 2001 County bond funds for this project . To date , 206 , 0 from the 1997 bond amount has already been appropriated ( 10 : 000 towards the construction of the soccer field at adjoining Scroggs Elementary , and $ 100 , 000 for the concept plan and associated costs ) . There are no Town funds identified for this project . The 2 million in 2901 bond funds are scheduled in the Bond and Alternative Financing schedule that the Board approved in October . The planned issues provide for two equal 1 . 0 million installmont :5 for Suuthem Parr , in FY 2004 = 05 and 2995 - 06 . This schedule is consistent vwith thie requested 11ming from the Town , submitted in the spring of 2002 . The Town has not yet addressed funding the 1 million in additional funds identified in the Conceptual Flan a tirr� , ted budget . It ro mfined G0st estimates will be developed as the park construction drawings are prepared . As such , plans for phasing of the park construction may be n e ssa ry . As noted above , financial issues in the Towns ,July 4�' proposed cuthem dark process have been addressed in the daft staff response as it regards an interAoc,al ogreement and the timing of bond funds . RECOIL MENDATION (S ) : The manager recommends that the Board address the Items related to Southern Park as follows. 1 ) Discuss the Town ' s response to issues raised regarding the Conceptual Plan (Attachments 1 and 2 ) , and determine whether any additional questions or requasta for additional information exist ; Schedule the Conceptual Flan a :s a decision item for approval on November 19h or December ' ; 3 ) Discuss staff s draft response on the Southern Park Process ( Attachment 4 ) , and provide feedback to Commissioners Jacobi and Brown regarding the official response to the Town repre se ntative B .