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<br /> Twin Creeks Park and Educational Campus, Phase II
<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: 7/1/2009 Expansion x
<br /> Project Number: 20003 Completion Date: 6/30/2027 Renovation
<br /> Replacement
<br /> Project Description/Justification:
<br /> Twin Creeks is part of the Twin Creeks(Moniese Nomp) District Park and Educational
<br /> Campus site, acquired in 2001.The park is located along Old NC 86 north of Carrboro .;• : :' Fr_
<br /> and connects to Morris Grove Elementary School via Jones Creek Greenway(Phase I
<br /> of the park). It is the district park for southeastern Orange County,and a master plan
<br /> i -
<br /> was completed in 200S and revised in 2010. Funding of$220,000 for design and
<br /> engineering for Phase II of the park is requested in FY2021-22,with construction
<br /> funding of$3,780,000 proposed in Year 3 (FY 2022-23)which would include playing '
<br /> fields,trails, parking and infrastructure, and potentially a bike trail/track.The cost
<br /> estimates are based on a district park of comparable size. The first phase of the park
<br /> (Jones Creek Greenway)was completed in 2011. Prior year funding included a portion
<br /> of a future entry road that would be shared with the adjoining property development
<br /> to the south, and for improvements to the existing farmhouse for a caretaker
<br /> placement.This entry road has been on hold pending Town studies on transportation
<br /> and stormwater,and the adjoining developer plans. Funding to complete the third
<br /> and final phase of the park is reflected in Years 6-10.
<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 220,000 220,000 220,000
<br /> Land/Building 50,814
<br /> Construction/Repairs/Renovations 1,905,643 3,780,000 3,780,000 3,780,000
<br /> Appropriation Total 1,956,457 220,000 3,780,000 4,000,000 4,000,000
<br /> Revenues/Funding Source
<br /> Debt Financing 1,250,000 220,000 3,780,000 4,000,000 4,000,000
<br /> General Government Revenue 277,000
<br /> Grant Funding 429,457
<br /> Revenues/Funding Source Total 1,956,457 220,000 3,780,000 4,000,000 4,000,000
<br /> Impact on Operating Budget
<br /> Personnel 93,500 93,500 187,000 467,500
<br /> Operations 70,000 70,000 140,000 350,000
<br /> Impact on Operating Budget Total 163,500 163,500 327,000 817,500
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