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CAPITAL INVESTMENT PROGRAM (CIP)
Project Title
*Bond Referendum Potential
Rank
Capital
Budget
Future Planning Years
Rank Key: H=High, M=Medium, L=Low and P=Pending
Bicycle & Pedestrian FY2020 FY2021 FY2022 FY2023 FY2024 Future Total
Crabtree Hatcher Creek Greenway South
Loop
L
660,000 660,000
Sawmill Creek Greenway & Stream
Restoration*
M
7,100,000 7,100,000
Indian Creek Greenway Connector - Town
Hall Terraces
H
275,000 275,000
Parks & Recreation
Cedar Fork Elementary Field* M 739,000 739,000
Cedar Fork District Park Field
Improvements*
H
900,000 1,350,000 1,350,000 3,600,000
Cedar Fork District Park General
Improvements*
H
537,500 1,612,500 2,150,000
Future Town Park Sites L 7,250,000 7,250,000
Crabtree Creek Nature Park* H 500,000 725,000 3,685,000 4,910,000
Dog Park* M 266,000 796,500 1,062,500
Morrisville Community Park Phase 3* H 700,000 2,100,000 2,800,000
Recreation Center / Town Center* L 13,766,250 13,766,250
Page Historic Homesite* L 858,000 858,000
Senior Activity Center* M 4,200,000 4,200,000
Town Green L 1,300,000 1,300,000
Public Facility
Public Works Facility H 8,000,000 8,000,000
Town Center Parking Lot H 425,000 425,000
Train Depot L 602,000 602,000
Public Safety Improvements*
- Fire Station #2 Relocation* H
- Northwest Fire Station* H 300,000 1,625,000 3,825,000 5,750,000
- Park West Fire Station* H 2,500,000 2,400,000 4,900,000
Transportation
NC 54 Corridor Congestion Mitigation
- Airport Boulevard Extension H 1,000,000 5,900,000 6,900,000
- Future Identified Projects* TBD TBD
International Drive Extension L 3,140,000 3,140,000
Church Street North Bypass L 11,362,500 11,362,500
Future Priorities (project scopes in Development5
Affordable Housing TBD TBD
Greenway Improvements TBD TBD
Land Acquisition TBD TBD
Transit Oriented Development (TOD) TBD TBD
Town Center TBD TBD
Total Programmed 5,275,000 13,650,000 17,865,000 2,684,000 2,272,500 50,003,750 91,750,250
Revenue & Other Resources
Cash Outlay (Operations/FB) 660,000 660,000
Reserves 3,800,000 3,925,000 7,725,000
Parkland Payment in Lieu 1,475,000 1,625,000 1,005,000 1,334,000 1,612,500 7,051,500
LAPP Grant 3,600,000 3,600,000
5 Town Council added Future Priorities to demonstrate the importance for future capital planning.