|
Project Category
<br />Functional Service Area:X
<br />Department:
<br />Project Number:
<br />Project Description/Justification:
<br />Project Budget
<br />Prior Years
<br />Funding
<br />Current
<br />Fiscal Year
<br />2019‐20
<br />Year 1
<br />Fiscal Year
<br />2020‐21
<br />Year 2
<br />Fiscal Year
<br />2021‐22
<br />Year 3
<br />Fiscal Year
<br />2022‐23
<br />Year 4
<br />Fiscal Year
<br />2023‐24
<br />Year 5
<br />Fiscal Year
<br />2024‐25
<br />Five
<br />Year
<br />Total
<br />Year 6
<br />to
<br />Year 10
<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 886,529 617,000 500,000 3,000,000 3,500,000 1,500,000
<br />Revenues/Funding Source
<br />Debt Financing 325,000 400,000 1,500,000
<br />Transfer from 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
<br />FINANCIAL SUMMARY
<br />Project Type
<br />New
<br />Expansion
<br />Renovation
<br />Replacement
<br />DEAPR Starting Date:7/1/2015
<br />20041 Completion Date:12/31/2025
<br />County Project Status:Active
<br />The County approved funding in prior years to conduct a site assessment to determine the
<br />nature of the former landfill on the Fairview Park site before determining the scope of future
<br />landfill mitigation. This multi‐year assessment is underway and will continue into the
<br />summer of 2020.
<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 />Community Services Proposed Bid Date:TBD
<br />Fairview Park Improvements
<br />44
|