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Recreation Center and Main Street Plaza (Town Center)
Project Description: Design and construct a recreation center and public plaza in the Town Center Main Street Area.
Town Goals
Serve the Community
Promote an environmentally sensitive and livable community
Run the Operations
Model a positive town image
Serve the Community
Foster a healthy community
Serve the Community
Provide a safe community
Benefits of Project:
Lead Department:
Parks and Rec./Public Works
1. Provide high quality public open space
Date Added to CIP:
2012
2. Provide focal point for community gatherings and events
Review Date:
31-Oct-12
3. Provide beautiful, high quality greenspace to enhance Main Street
appearance
c
Design Start Year:
2020
4. Provide citizens a variety of recreational opportunities
Construction Start Year:
2021
5. Provide space for senior programs
Estimated Project Costs:
$7,435,555
6. Provide space for at-risk programs
Additional Staffing Required:
No
7. Provide gymnasium space
Number of New Positions:
0
Operations and Maintenance Estimates
2017
2018
2019
2020
2021
O&M Remarks:
Some minor offsetting User
Fees for membership/Gym
use/multi-purpose room
rental
Equipment and Furniture
$
31,500 $
31,500 $
31,500 $
31,500 $
31,500
Utilities
$
21,000 $
21,000 $
21,000 $
21,000 $
21,000
Maintenance
$
27,510 $
27,510 $
27,510 $
27,510 $
27,510
Supplies
$
26,250 $
26,250 $
26,250 $
26,250 $
26,250
Personnel
$
341,250 $
341,250 $
341,250 $
341,250 $
341,250
TOTAL
$
447,510 $
447,510 $
447,510 $
447,510 $
447,510
Other Funding
Sources and
Related Revenue
Projections
Bonds
Grant Opportunities
Financing Plan
Installment 10
Tax on $100k
Debt Service Schedule
Tax Base
¢ Tax
$
175.70
1 2022
$
855,089 $ 4,299,514,804
1.99
$
19.90
2 2023
$
832,782 $ 4,428,500,249
1.88
$
18.80
3 2024
$
810,475 $ 4,561,355,256
1.78
$
17.80
4 2025
$
788,169 $ 5,245,558,544
1.50
$
15.00
5 2026
$
579,973 $ 5,402,925,301
1.07
$
10.70
6 2027
$
565,102 $ 5,565,013,060
1.02
$
10.20
7 2028
$
550,231 $ 5,731,963,452
0.96
$
9.60
8 2029
$
535,360 $ 5,903,922,355
0.91
$
9.10
9 2030
$
520,489 $ 6,081,040,026
0.86
$
8.60
10
2031
$
505,618 $ 6,263,471,227
0.81
$
8.10
11
2032
$
490,747 $ 6,451,375,363
0.76
$
7.60
12
2033
$
475,876 $ 7,096,512,900
0.67
$
6.70
13
2034
$
461,004 $ 7,238,443,158
0.64
$
6.40
14
2035
$
446,133 $ 7,383,212,021
0.60
$
6.00
15
2036
$
431,262 $ 7,530,876,261
0.57
$
5.70
16
2037
$
416,391 $ 7,681,493,786
0.54
$
5.40
17
2038
$
215,631 $ 7,835,123,662
0.28
$
2.80
18
2039
$
208,195 $ 7,991,826,135
0.26
$
2.60
19
2040
$
200,760 $ 8,151,662,658
0.25
$
2.50
20
2041
$
193,324 $ 8,966,828,924
0.22
$
2.20
Comments: Recreation Center includes gymnasium, multi-purpose
rooms, kitchen, game room, senior programs space, and
office/storage space. Recreation center by itself is estimated to cost
$5,787,500. Public Plaza includes water feature, benches, footpaths,
and tree plantings. Public Plaza is estimated to cost $250,000. Partial
property acquisition required to assemble at least 1 acre using
Upchurch Property on north side of Carolina backing up to Jeremiah
St.
Town Facilities Projects
Priority
Total Group Projects
Total Projects
Town Priority
Project Number
49