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Bingham Park <br /> Project Category: County Capital Project Status: Planned Project Type <br /> Functional Service Community Services Proposed Bid TBD New X <br /> Area: Award Date: <br /> Department: DEAPR Starting Date: 7/1/23 Expansion <br /> Project Number: New Completion Date: 7/1/25 Renovation <br /> Replacement <br /> Project Description/Justification: Bingham District Park would serve n,,..---•-.-- <br /> as the County's park for southwestern Orange County. Negotiations for <br /> i <br /> potential sites have been and continue to be underway, and funding for Future Blackwooc <br /> the land acquisition would be provided through the Lands Legacy <br /> program. As with previous park projects, this future park site would be ! Future Bingham <br /> land-banked for the future construction of park facilities, with projected ! District Park <br /> design and construction in Years 6-10. The cost estimate is based on (Location TBD) <br /> a district park concept of comparable size (slightly reduced based on <br /> the expected smaller acreage of the Bingham facility). Discussions rl <br /> have been held with the Orange Water and Sewer Authority about j Jones Creek G <br /> working together on the Bingham District Park location, and it is l., Future Twin Cree <br /> expected that the park will be located along the Mountains to Sea Trail <br /> route. <br /> FINANCIAL SUMMARY <br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6 <br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to <br /> Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year 10 <br /> Expenses <br /> Land/Building <br /> Professional Services 400,000 <br /> Construction/Repairs/Renovations 6,600,000 <br /> Equipment/Furnishings <br /> Total Project Budget 7,000,000 <br /> Funding Sources <br /> Transfer from General Fund <br /> Transfer from Other Funds <br /> Debt Financing 7,000,000 <br /> Total 7,000,000 <br /> Impact on Operating Budget <br /> Personnel Services 234,000 <br /> Operations 165,000 <br /> Recurring Capital <br /> New/Addl Revenue <br /> Total Operating Costs 3991000 <br /> 67 <br />