IPWG agenda 120700 - Laserfiche WebLink

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EXPLANATION NATION OF CAPITAL EXPENDITURES AND OPERATION BUDGET IMPACTS FY2000 - 2011 ♦ Item: Playground Equipment ♦ Item: Smith Middle School Carrboro's existing parks (Wilson, Baldwin, Carr Court, and Anderson) have serve The Smith Middle School project is envisioned as a Iarge community park developed the community well. However, the parks are in need of expansion and improvemen� in joint effort by Chapel Hill, Orange County, and Carrboro. Operating Impact: If to adequately serve the community into the next century. The New Century/New fully funded by Carrboro, operating costs are estimated at$406,475, requiring a Carrboro committee recommends purchasing new playground equipment for all total of 6positions to maintain grounds. existing parks. Operating Impact:No estimate given since the type of playground Cost: $465,000 Year: FY2000 -2001 affects operating impact. Cost: $362,398 Funding Source: Installment Financing, Payment in Lieu, Intergovernmental Year: FY2009—2010 Revenue Funding Source: Capital Reserves ♦ Item: Small Park ♦ Item: Northern Community Park The New Century/New Carrboro Committee recommends a small park to serve . This project will satisfy the demand for outdoor recreation services in the northern several town neighborhoods including Fair Oaks, Cates Farm, Cobblestone, area of Carrboro. A community park will allow for the development of more Webbwood, Barington Hills, Bel Arbor, Plantation Acres, and Spring Valley. It is . intensive facilities providing athletic fields, play equipment areas, and picnic areas. possible this park could accommodate an outdoor swimming pool (see narrative Operating Impact: Six public works staff and associated operating costs, inclzcdi��g below). Operating Impact. $73,000 for grounds maintenance. purchase of equipment such as a riding mower will be required to maintain park Cost: $1,245,137 FY20 Year: FY2001 —2002 grounds Total anticipated operating impact is S406,675, same as for Smith Afiddle . School Project Funding Source: Payment in Lieu, Installment Financing Cost: $6,359,307 ect • Year: FY2010 —2011 ♦ Item: Outdoor Swimming Pool Funding Source: GO Bound The New Century/New Carrboro committee recommends an outdoor swimming pool, a suggestion from residents in a community-wide brainstorming session held by the Town to invite citizen input on the Town's capital needs on May 22, 1999. The committee suggests building the pool at the proposed Small Park. Operating Impact: TEX require I full-time pool technician and various recreation staff for summer months and operating costs to maintain pool at total cost of$93,000. Cost: $4,855,315 Year: FY2002—2003 Funding Source: Installment Financing and GO Bond L�