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Millhouse Road Park
<br /> Project Category: County Capital Project Status: Active Project Type
<br /> Functional Service Community Services Proposed Bid TBD New X
<br /> Area: Award Date:
<br /> Department: DEAPR Starting Date: 7/1/21 Expansion
<br /> Project Number: 20034 Completion Date: 7/1/24 Renovation
<br /> Replacement
<br /> Project Description/Justification: This park project is a planned
<br /> Town of Chapel Hill/Orange County partnership using a 50-50 split-
<br /> funding concept. The development of a master plan for the facility and
<br /> an interlocal agreement with the Town of Chapel Hill are currently
<br /> underway. The requested funding in FY2021-22 is for design and
<br /> engineering services for the collaborative planning effort, followed by
<br /> construction in FY2022-23. The Millhouse Road Park is a 79-acre site
<br /> just north of Chapel Hill. It was acquired in 2004 (69 acres)and 2007
<br /> (10 acres) as a future park site with discussion to date focused on a
<br /> soccer field complex for southern Orange County with some walking
<br /> trails and other amenities. Cost estimates are extrapolated from the
<br /> existing Soccer.com Center, adjusting for time. This estimate assumes
<br /> that soccer fields at this facility will be synthetic (artificial)turf surface.
<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 Year10
<br /> Expenses
<br /> Land/Building 188,712 -
<br /> Professional Services 400,000 400,000
<br /> Construction/Repairs/Renovations 106,090 - 6,400,000 6,400,000
<br /> Equipment/Furnishings
<br /> Total Project Budget 294,802 400,000 6,400,000 6,800,000
<br /> Funding Sources
<br /> Transfer from General Fund 76,090 200,000 200,000
<br /> Transfer from Other Projects 218,712 -
<br /> Debt Financing 3,200,000 3,200,000
<br /> Possible Town of Chapel Hill funding 200,000 3,200,000 3,400,000
<br /> Operations/funding from other sources -
<br /> Total 294,802 400,000 6,400,000 6,800,000
<br /> Impact on Operating Budget
<br /> Personnel Services - 136,000 136,000 680,000
<br /> Operations 100,000 100,000 500,000
<br /> Recurring Capital -
<br /> NewG4ddl Revenue 281,250 281,250 1,406,250
<br /> Total Operating Costs 517,250 517,250 2,586,250
<br /> 73
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