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Project Category
<br />Functional Service Area:X
<br />Department:X
<br />Project Number:X
<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 25,000 100,000 100,000
<br />Construction/Repairs/Renovations 1,696,720 50,000 400,000 400,000
<br />Appropriation Total 1,721,720 50,000 500,000 500,000
<br />Revenues/Funding Source
<br />Debt Financing 250,000 250,000
<br />Transfer from General Fund 104,750 25,000
<br />Bonds 369,794
<br />Contributions from Other Infrastructure Partners 438,662 25,000 250,000 250,000
<br />Grant Funding 724,000
<br />Transfer from Payment‐in‐Lieu 84,514
<br />Revenues/Funding Source Total 1,721,720 50,000 500,000 500,000
<br />Impact on Operating Budget
<br />Operations 7,500 7,500 7,500 15,000 15,000 15,000 60,000 75,000
<br />Impact on Operating Budget Total 7,500 7,500 7,500 15,000 15,000 15,000 60,000 75,000
<br />FINANCIAL SUMMARY
<br />Project Type
<br />New
<br />Expansion
<br />Renovation
<br />Replacement
<br />DEAPR Starting Date:7/1/2015
<br />20040 Completion Date:6/30/2022
<br />County Project Status:Active
<br />This park is a joint Orange/Durham County initiative. In compliance with an Interlocal
<br />Agreement, funding includes 50% from Durham County. Funding of $100,000 was approved
<br />in FY2016‐17 to repave the park entry road and repave the ADA loop trail, among other
<br />smaller improvement. These repairs are pending completion of the updated master plan for
<br />the full park by both Orange and Durham counties (to be presented in April 2020), and
<br />renewal of the Interlocal agreement (May 2020).
<br />Requested funding for Year 2 (FY 2021‐22) is for additional improvements expected from the
<br />new master plan, including a new playground, new and improved trails, and other
<br />amenities.
<br />Community Services Proposed Bid Date:TBD
<br />Little River Park, Phase II
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