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introduction FY2014
Morrisville Community Park Phase II (2012 Bond Project) - ACTIVATED
Project Description: Design and construct the last phase of the Morrisville Community Park master plan. The plan calls for a walking trail, a picnic shelter, recreation
game area (horseshoes, volleyball) and tennis courts near the parking lot at the end of Kudrow Lane.
Town Goals
Manage Resources
Invest in Infrastructure and Transportation
Serve the Community
Provide an EnvironmentallySensitive & Livable Community
Serve the Community
Provide a Safe Community
Serve the Community
Foster a healthy community
Run the Operations
Model a Positive Town Image
Benefits of Project:
Lead Department:
Public Works Department
Town owned property, no acquisition costs.
Date Added to CIP:
2009
The walking trails could connect the adjacent apartment
communities to the park and the greenway system.
Review Date:
3-Dec-12
Design Start Year:
2016
Provides facilities to meet growing demands for recreation.
Construction Start Year:
2017
Estimated Project Costs:
$2,200,000
Additional Staffing Required:
No
Number of New Positions:
0
Operations and Maintenance Estimates
2018
2019
2020
2021
2022
O&M Remarks:
Mostly open space, little
recurring expense.
Equipment and Furniture
$
- $
- $
- $
- $
-
Utilities
$
1,500 $
1,500 $
1,500 $
1,500 $
1,500
Maintenance
$
5,000 $
5,000 $
5,000 $
5,000 $
5,000
Supplies
$
3,000 $
3,000 $
3,000 $
3,000 $
3,000
Personnel
$
- $
- $
- $
- $
-
Other Funding
Sources and
Related Revenue
Projections
Rentals and program revenue
$
6,000 $
6,000 $
6,000 $
6,000 $
6,000
Financing Plan
Bond 5/5/5
Tax on $100k
Debt Service Schedule
Tax Base
¢ Tax
$
65.50
1 2018
$
220,000 $ 3,820,063,216
0.58
$
5.80
2 2019
$
214,500 $ 3,934,665,113
0.55
$
5.50
3 2020
$
209,000 $ 4,052,705,066
0.52
$
5.20
4 2021
$
203,500 $ 4,174,286,218
0.49
$
4.90
5 2022
$
198,000 $ 4,299,514,804
0.46
$
4.60
6 2023
$
192,500 $ 4,428,500,249
0.43
$
4.30
7 2024
$
187,000 $ 4,561,355,256
0.41
$
4.10
8 2025
$
181,500 $ 5,245,558,544
0.35
$
3.50
9 2026
$
176,000 $ 5,402,925,301
0.33
$
3.30
10
2027
$
170,500 $ 5,565,013,060
0.31
$
3.10
11
2028
$
165,000 $ 5,731,963,452
0.29
$
2.90
12
2029
$
159,500 $ 5,903,922,355
0.27
$
2.70
13
2030
$
154,000 $ 6,081,040,026
0.25
$
2.50
14
2031
$
148,500 $ 6,263,471,227
0.24
$
2.40
15
2032
$
143,000 $ 6,451,375,363
0.22
$
2.20
16
2033
$
137,500 $ 7,096,512,900
0.19
$
1.90
17
2034
$
132,000 $ 7,238,443,158
0.18
$
1.80
18
2035
$
126,500 $ 7,383,212,021
0.17
$
1.70
19
2036
$
121,000 $ 7,530,876,261
0.16
$
1.60
20
2037
$
115,500 $ 7,681,493,786
0.15
$
1.50
Comments:
Capital Project Fund does not exist yet.
Town Facilities Projects
rority
30.53795066
Total Group Projects
0
Total Projects
0
Town Priority
Project Number
1350
34