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Morrisville Rural Heritage Park and Farmer's Market (Town Center)
Project Description: Design and construct a new Rural Heritage Park and Farmer's Market
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
Benefits of Project:
Lead Department:
Parks and Rec./Public Works
1. Provide high quality public open space
Date Added to CIP:
2012
2. Provide unique cultural experience for the community
Review Date:
31-Oct-12
3. Provide space for a farmer's market that sells locally grown produce
Design Start Year:
2020
4. Provide recreational opportunities for families
Construction Start Year:
2021
5. Educate citizens on Morrisville's agricultural past
Estimated Project Costs:
$6,401,947
Additional Staffing Required:
No
Number of New Positions:
0
Operations and Maintenance Estimates
2018
2019
2020
2021
2022
O&M Remarks:
Some offsetting User Fees
from Shelter Rentals
Equipment and Furniture
Utilities
$
4,000 $
4,100 $
4,200 $
4,300 $
4,400
Maintenance
$
10,000 $
10,250 $
10,500 $
10,750 $
11,000
Supplies
$
600 $
700 $
800 $
900 $
1,000
Personnel
TOTAL
$
14,600 $
15,050 $
15,500 $
15,950 $
16,400
Other Funding
Sources and
Related Revenue
Projections
NCDOT
Agricultural Healthy Living Grant
Eat Smart and Move More Grant
Financing Plan
Installment 10
Tax on $100k
Debt Service Schedule
Tax Base
¢ Tax
$
151.10
1 2022
$
736,224 $ 4,299,514,804
1.71
$
17.10
2 2023
$
717,018 $ 4,428,500,249
1.62
$
16.20
3 2024
$
697,812 $ 4,561,355,256
1.53
$
15.30
4 2025
$
678,606 $ 5,245,558,544
1.29
$
12.90
5 2026
$
499,352 $ 5,402,925,301
0.92
$
9.20
6 2027
$
486,548 $ 5,565,013,060
0.87
$
8.70
7 2028
$
473,744 $ 5,731,963,452
0.83
$
8.30
8 2029
$
460,940 $ 5,903,922,355
0.78
$
7.80
9 2030
$
448,136 $ 6,081,040,026
0.74
$
7.40
10
2031
$
435,332 $ 6,263,471,227
0.70
$
7.00
11
2032
$
422,529 $ 6,451,375,363
0.65
$
6.50
12
2033
$
409,725 $ 7,096,512,900
0.58
$
5.80
13
2034
$
396,921 $ 7,238,443,158
0.55
$
5.50
14
2035
$
384,117 $ 7,383,212,021
0.52
$
5.20
15
2036
$
371,313 $ 7,530,876,261
0.49
$
4.90
16
2037
$
358,509 $ 7,681,493,786
0.47
$
4.70
17
2038
$
185,656 $ 7,835,123,662
0.24
$
2.40
18
2039
$
179,254 $ 7,991,826,135
0.22
$
2.20
19
2040
$
172,852 $ 8,151,662,658
0.21
$
2.10
20
2041
$
166,451 $ 8,966,828,924
0.19
$
1.90
Comments: Farmer's market and Rural Heritage Park could potentially
be built separately in phases. Both facilities would share parking,
shelters, bathrooms, and certain road improvements. Land acquisition
would cost approximately $1,000,000. The site could accommodate
community events and possibly a future site for a bus stop for
commuters. Possible Local Farmer's Market public/private partnership
opportunities for operations. The Parks Master Plan identifies as a
park opportunity within the general area. Desired location would be
the Page/Smith property of approximately 15 acres. Town Center Plan
identifies the this project concept for the same area. Potential funding
available in FY2013 budget to begin concept planning. Required
roadway improvements along Morrisville Carpenter and Crabtree
Crossing are primary contributors to cost.
Town Facilities Projects
Priority
Total Group Projects
Total Projects
Town Priority
Project Number
51