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Blackwood Farm Park
<br />Project Category:County Capital Project Status:Active Project Type
<br />Functional Service
<br />Area:Community Services
<br />Proposed Bid
<br />Award Date:6/x/19 New X
<br />Department:DEAPR Starting Date:7/1/19 Expansion X
<br />Project Number:20037 Completion Date:7/1/24 Renovation
<br />Replacement
<br />Project Description/Justification:Blackwood Farm Park is a 152-
<br />acre park between Chapel Hill and Hillsborough on NC 86 and New
<br />Hope Church Road. The park opened on a limited basis in June 2015
<br />and is currently open Friday-Sunday. Funding for park infrastructure,
<br />design, and other associated needs, including construction of new
<br />turn lanes, entryway and parking was included in FY 2016-17 and 17-
<br />18. Construction drawings and bid documents for the majority of park
<br />construction are underway and expected to begin in summer 2019.
<br />The park construction includes new picnic shelters, restrooms, an
<br />amphitheater, repairs and renovations to the farmstead, fishing station,
<br />trails, nature center and open play fields, along with a disc golf course
<br />and agricultural exhibit areas. It is anticipated that the park will open
<br />full-time in the fall of 2020 once construction is complete. Funding of
<br />$910,000 in FY 2022-23 includes an enhanced nature center (with associated matching partner revenue) and
<br />design work for the final phase of park construction (Phase 3). Funding of $775,000 is included in FY 2023-24
<br />for construction of Phase III, which includes the remaining New Hope Church Road area facilities and amenities,
<br />with equipment needs for the park and nature center in Year 6.
<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 210,000 - 110,000 110,000
<br /> Construction/Repairs/Renovations 1,198,000 1,795,000 - 800,000 775,000 1,575,000
<br /> Equipment/Furnishings 149,400 -155,000
<br /> Total Project Budget 1,557,400 1,795,000 - - - 910,000 775,000 1,685,000 155,000
<br />Funding Sources
<br /> Transfer from General Fund 140,000 27,500 27,500 155,000
<br /> Transfer from Other Capital Funds 267,400 -
<br /> Grants, Partner revenue, Donations 10,000 - 800,000 800,000
<br /> Debt Financing 1,140,000 1,795,000 82,500 775,000 857,500
<br /> Total 1,557,400 1,795,000 - - - 910,000 775,000 1,685,000 155,000
<br />Impact on Operating Budget
<br /> Personnel Services 281,111 119,600 119,600 185,600 185,600 185,600 185,600 862,000 928,000
<br /> Operations 87,010 31,000 34,000 65,000 65,000 65,000 65,000 294,000 385,000
<br /> Recurring Capital
<br /> New/Addl Revenue
<br /> Total Operating Costs 368,121 150,600 153,600 250,600 250,600 250,600 250,600 1,156,000 1,313,000
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