392 / 634
introduction FY2014
Town Hall Drive Medians and Bikelanes
Project Description: Design and restripe adding bike lanes and renovating medians of Town Hall Drive.
Town Goals
Manage Resources
Invest in Infrastructure and Transportation
Serve the Community
Provide a Safe Community
Benefits of Project:
Lead Department:
Public Works Department
1. Reduce travel speed on Town Hall Drive, thereby making routes to Date Added to CIP:
2009
Cedar Fork Elem. and Com. Center and Sterling Montesori safer.
Review Date:
30-Oct-12
2. Provides a safe and comfortable bike route both for commuting
Design Start Year:
2020
and recreation.
Construction Start Year:
2021
3. Medians reduce turning movements which reduces delay and
Estimated Project Costs:
$1,133,759
increases safety for pedestrians.
Additional Staffing Required:
No
4. Design is aesthetically pleasing.
Number of New Positions:
0
Operations and Maintenance Estimates
2022
2023
2024
2025
2026
O&M Remarks:
New streets typically have
almost zero maintenance in
the first 5 years.
Equipment and Furniture
Utilities
Maintenance
$
- $
- $
- $
- $
-
Supplies
Personnel
Other Funding
Sources and
Related Revenue
Projections
None
Financing Plan
Installment 5
Tax on $100k
Debt Service Schedule
Tax Base
¢ Tax
$
26.60
1 2022
$
252,435 $ 4,299,514,804
0.59
$
5.90
2 2023
$
252,435 $ 4,428,500,249
0.57
$
5.70
3 2024
$
252,435 $ 4,561,355,256
0.55
$
5.50
4 2025
$
252,435 $ 5,245,558,544
0.48
$
4.80
5 2026
$
252,435 $ 5,402,925,301
0.47
$
4.70
6 2027
$
- $ 5,565,013,060
0.00
$
-
7 2028
$
- $ 5,731,963,452
0.00
$
-
8 2029
$
- $ 5,903,922,355
0.00
$
-
9 2030
$
- $ 6,081,040,026
0.00
$
-
10
2031
$
- $ 6,263,471,227
0.00
$
-
11
2032
$
- $ 6,451,375,363
0.00
$
-
12
2033
$
- $ 7,096,512,900
0.00
$
-
13
2034
$
- $ 7,238,443,158
0.00
$
-
14
2035
$
- $ 7,383,212,021
0.00
$
-
15
2036
$
- $ 7,530,876,261
0.00
$
-
16
2037
$
- $ 7,681,493,786
0.00
$
-
17
2038
$
- $ 7,835,123,662
0.00
$
-
18
2039
$
- $ 7,991,826,135
0.00
$
-
19
2040
$
- $ 8,151,662,658
0.00
$
-
20
2041
$
- $ 8,966,828,924
0.00
$
-
Comments:
Town Roadway Projects
Priority
25.11290323
Total Group Projects
0
Total Projects
0
Town Priority
Project Number
1100
39