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Little River 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:7/1/15 Expansion X
<br />Project Number:20040 Completion Date:7/1/22 Renovation X
<br />Replacement
<br />Project Description/Justification:This park is a joint
<br />Orange/Durham County initiative. In compliance with an Interlocal
<br />Agreement, funding includes 50% from Durham County. Funding of
<br />$100,000 was approved in FY2016-17 to repave the park entry road,
<br />expand parking, repave the ADA loop trail, and add a new
<br />maintenance shed. These repairs are pending completion of the
<br />updated master plan for the full park by both Orange and Durham
<br />counties, and renewal of the interlocal agreement. An additional
<br />$50,000 in FY 2019-20 is included to reflect the need to address the
<br />Laws House, which stands at the park entrance and has been
<br />stabilized pending a future decision on use/deconstruction. Requested
<br />funding for FY 2021-22 is for other improvements that are expected to
<br />come from the new master plan, including a new playground, new and
<br />improved trails, and other improvements.
<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 /> Professional Services 25,000 100,000 100,000
<br /> Construction/Repairs/Renovations 1,696,720 - 50,000 400,000 450,000
<br /> Equipment/Furnishings -
<br /> Total Project Budget 1,721,720 - 50,000 - 500,000 - - 550,000 -
<br />Funding Sources
<br /> From General Fund 104,750 - 25,000 250,000 275,000
<br /> Contribution from Durham County 438,662 - 25,000 250,000 275,000
<br /> Grant Funding 724,000
<br /> Transfer from Payment-In-Lieu 84,514
<br /> Bonds 369,794
<br /> Total 1,721,720 - 50,000 - 500,000 - - 550,000 -
<br />Impact on Operating Budget
<br /> Personnel Services -
<br /> Operations 7,500 7,500 7,500 7,500 7,500 15,000 15,000 52,500 75,000
<br /> Recurring Capital
<br /> New/Addl Revenue -
<br /> Total Operating Costs 7,500 7,500 7,500 7,500 7,500 15,000 15,000 52,500 75,000
<br />79
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