Secondary and Cumulative Impacts Master Management Plan - 2014

introduction FY2014

Town Center Gateway Project Description: Create a Town Center Gateway through the acquisition and removal of Ben's Bargain Barn.

Serve the Community Run the Operations

Provide a safe community Model a positive town image

Town Goals

Benefits of Project:

Lead Department: Date Added to CIP:

Parks and Rec./Public Works

1. Provide public open space

2012

2. Help create attractive gateway to Town Center

Review Date:

31-Oct-12

3. Open up view of Pugh House

Design Start Year:

2020 2021

Construction Start Year: Estimated Project Costs: Additional Staffing Required: Number of New Positions:

$158,083

No

0

Operations and Maintenance Estimates

2015

2016

2017

2018

2019

O&M Remarks:

Equipment and Furniture

$ $ $ $ $ $

- $ - $

- $ - $

- $ - $

- $ - $

- -

Utilities

Maintenance

1,100 $

1,100 $

1,100 $

1,100 $

1,100

Supplies Personnel

- $ - $

- $ - $

- $ - $

- $ - $

- -

TOTAL

1,100 $

1,100 $

1,100 $

1,100 $

1,100

None

Other Funding Sources and Related Revenue Projections

Financing Plan

Installment 10

Tax on $100k

Debt Service Schedule

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

3.80 0.80 0.80 0.80 0.70 0.70

Tax Base

¢ Tax

1 2022 2 2023 3 2024 4 2025 5 2026 6 2027 7 2028 8 2029 9 2030

0.08 0.08 0.08 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

35,198 $ 4,299,514,804 35,198 $ 4,428,500,249 35,198 $ 4,561,355,256 35,198 $ 5,245,558,544 35,198 $ 5,402,925,301

- - - - - - - - - - - - - - -

- $ 5,565,013,060 - $ 5,731,963,452 - $ 5,903,922,355 - $ 6,081,040,026 - $ 6,263,471,227 - $ 6,451,375,363 - $ 7,096,512,900 - $ 7,238,443,158 - $ 7,383,212,021 - $ 7,530,876,261 - $ 7,681,493,786 - $ 7,835,123,662 - $ 7,991,826,135 - $ 8,151,662,658 - $ 8,966,828,924

Paste a Picture in space provided

10 11 12 13 14 15 16 17 18 19 20

2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041

Comments: Land acquisition would cost approximately $84,000. Demolition would cost approximately $20,000. Property owner has expressed interest in selling property to Town.

Budget: This is likely a project to plan through annual budget development using capital cash outlay. The town will likely not incur debt associated with such a small amount.

Town Facilities Projects Priority Total Group Projects

Total Projects Town Priority Project Number

50