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<br /> Fairview Park Improvements
<br /> Project Category County Project Status: Active Project Type
<br /> Functional Service Area: Community Services Proposed Bid Date: TBD New X
<br /> Department: DEAPR Starting Date: 7/1/2015 Expansion
<br /> Project Number: 20041 Completion Date: 12/31/2025 Renovation
<br /> Replacement
<br /> Project Description/Justification:
<br /> The County approved funding in prior years to conduct a site assessment to determine the H
<br /> nature of the former landfill on the Fairview Park site before determining scope the of future
<br /> p I..le,
<br /> landfill mitigation. This multi-year assessment is underway and will continue into the
<br /> summer of 2020. E
<br /> Future funds for remediation (estimated at$3.5 million)are divided between professional
<br /> engineering services in FY 2020-21 and remediation in FY 2022-23. Funds for both the
<br /> assessment and mitigation will be reimbursed by the State Division of Environmental Quality.
<br /> Once the remediation is completed,an additional$1.5 million in local funds is proposed in
<br /> Years 6-10 for construction of new park facilities on the former landfill portion of the site.
<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 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 Total Year10
<br /> Appropriation
<br /> Professional Services 461,529 117,000 500,000 3,000,000 3,500,000
<br /> Construction/Repairs/Renovations 425,000 500,000 1,500,000
<br /> Appropriation Total 886,529 617,000 1 500,000 3,000,000 3,500,000 1 1,500,000
<br /> Revenues/Funding Source
<br /> Debt Financing 325,000 400,000 1,500,000
<br /> Transferfrom General Fund 100,000 75,000
<br /> Contributions from Other Infrastructure Partners 75,000
<br /> NCDEQ Reimbursment Fund 461,529 67,000 500,000 3,000,000 3,500,000
<br /> Revenues/Funding Source Total 886,529 617,000 500,000 3,000,000 3,500,000 1,500,000
<br /> Impact on Operating Budget
<br /> Personnel 20,950 20,950 20,950 20,950 20,950 104,750 300,750
<br /> Operations 10,000 10,000 10,000 10,000 10,000 50,000 110,000
<br /> Impact on Operating Budget Total 30,950 30,950 30,950 30,950 30,950 154,750 410,750
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