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Cedar Grove Park, Phase II
<br />Project Category:County Capital Project Status:Active Project Type
<br />Functional Service
<br />Area:Community Services
<br />Proposed Bid
<br />Award Date:TBD New
<br />X
<br />Department:DEAPR Starting Date:7/1/19 Expansion
<br />Project Number:20002 Completion Date:6/30/25 Renovation
<br />Replacement X
<br />Project Description/Justification:Funding is proposed for FY 2019-
<br />20 for Phase II of the park. The proposed project breaks Phase II into
<br />two sub-phases. Phase II-A as planned would feature additional small
<br />(t-ball) baseball/softball fields (to address the loss of similar small fields
<br />in Hillsborough in 2020) and associated parking and infrastructure in
<br />FY 2019-20. Phase II-B in Years 6-10 would add tennis courts, a picnic
<br />shelter and additional parking. Cedar Grove Park opened in 2008 and
<br />includes baseball/softball fields, a multi-purpose field, trails,
<br />playground, basketball courts, a Little Free Library and other
<br />amenities. It is co-located with the Cedar Grove Community Center.
<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 50,000 60,000 110,000
<br /> Construction/Repairs/Renovations 1,908,000 500,000 - 500,000 1,240,000
<br /> Equipment/Furnishings -
<br /> Total Project Budget 1,908,000 - 550,000 - 60,000 - - 610,000 1,240,000
<br />Funding Sources
<br /> Transfer from Other Funds 148,000 - 75,000 60,000 135,000
<br /> Funding from Other Sources 75,000 75,000
<br /> Grant Funding 500,000 - - 500,000
<br /> Debt Financing 1,260,000 400,000 - 400,000 740,000
<br /> Total 1,908,000 - 550,000 - 60,000 - - 610,000 1,240,000
<br />Impact on Operating Budget -
<br /> Personnel Services 20,950 20,950 20,950 20,950 83,800 152,750
<br /> Operations 10,000 10,000 10,000 10,000 40,000 90,000
<br /> Recurring Capital -
<br /> New/Addl Revenue --
<br /> Total Operating Costs - 30,950 30,950 30,950 30,950 123,800 242,750
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