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Hollow Rock Nature Park (New Hope Preserve)
<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:7/12/13 Expansion X
<br />Project Number:20027 Completion Date:6/30/26 Renovation X
<br />Replacement
<br />Project Description/Justification:The New Hope Preserve is a 72-
<br />acre site owned by Orange County, Durham County and the Town of
<br />Chapel Hill. Located within this Preserve is the Hollow Rock Nature
<br />Park. Phase I opened in 2016 with hiking trails, and proposed
<br />additional funds in FY 2020-21 will construct a wildlife overlook, ADA
<br />trail, and permanent restrooms. The final phase of the project will be
<br />completed in future years as the ultimate disposition of Pickett Road is
<br />determined. Previously-appropriated funds have allowed for site
<br />facilities (parking, driveway, trails and bridges, kiosks and other low-
<br />impact amenities). Some of these facilities are now completed.
<br />Durham County contributes 50% of the cost of these facilities and
<br />amenities as part of an interlocal agreement between the parties
<br />adopted in spring 2015.
<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 75,000 -
<br /> Professional Services 10,000 10,000
<br /> Construction/Repairs/Renovations 547,500 100,000 100,000 165,000
<br /> Equipment/Furnishings 10,000 -
<br /> Total Project Budget 632,500 - - 110,000 - - - 110,000 165,000
<br />Funding Sources
<br /> Transfer from General Fund 185,000 55,000 55,000 82,500
<br /> Funding from Durham County 157,500 55,000 55,000 82,500
<br /> From Other Projects 75,000 --
<br /> Grant Funding 215,000 --
<br /> Total 632,500 - - 110,000 - - - 110,000 165,000
<br />Impact on Operating Budget
<br /> Personnel Services - - 20,950 20,950 20,950 20,950 20,950 104,750 104,750
<br /> Operations - - 12,000 12,000 12,000 12,000 12,000 60,000 60,000
<br /> Recurring Capital -
<br /> New/Addl Revenue ----
<br /> Total Operating Costs - - 32,950 32,950 32,950 32,950 32,950 164,750 164,750
<br />75
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