Secondary and Cumulative Impacts Master Management Plan - 2014

introduction FY2014

Morrisville Rural Heritage Park and Farmer's Market (Town Center)

Project Description: Design and construct a new Rural Heritage Park and Farmer's Market

Serve the Community Run the Operations Serve the Community

Promote an environmentally sensitive and livable community

Model a positive town image Foster a healthy community

Town Goals

Benefits of Project:

Lead Department: Date Added to CIP:

Parks and Rec./Public Works

1. Provide high quality public open space

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 2021

4. Provide recreational opportunities for families 5. Educate citizens on Morrisville's agricultural past

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

$6,401,947

No

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 $ 10,000 $

4,100 $ 10,250 $

4,200 $ 10,500 $

4,300 $ 10,750 $

4,400

Maintenance

11,000

Supplies Personnel TOTAL

600 $

700 $

800 $

900 $

1,000

$

14,600 $

15,050 $

15,500 $

15,950 $

16,400

NCDOT Agricultural Healthy Living Grant Eat Smart and Move More Grant

Other Funding Sources and Related Revenue Projections

Financing Plan

Installment 10

Tax on $100k

Debt Service Schedule

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

151.10

Tax Base

¢ Tax

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

1.71 1.62 1.53 1.29 0.92 0.87 0.83 0.78 0.74 0.70 0.65 0.58 0.55 0.52 0.49 0.47 0.24 0.22 0.21 0.19

17.10 16.20 15.30 12.90

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

736,224 $ 4,299,514,804 717,018 $ 4,428,500,249 697,812 $ 4,561,355,256 678,606 $ 5,245,558,544 499,352 $ 5,402,925,301 486,548 $ 5,565,013,060 473,744 $ 5,731,963,452 460,940 $ 5,903,922,355 448,136 $ 6,081,040,026 435,332 $ 6,263,471,227 422,529 $ 6,451,375,363 409,725 $ 7,096,512,900 396,921 $ 7,238,443,158 384,117 $ 7,383,212,021 371,313 $ 7,530,876,261 358,509 $ 7,681,493,786 185,656 $ 7,835,123,662 179,254 $ 7,991,826,135 172,852 $ 8,151,662,658 166,451 $ 8,966,828,924

9.20 8.70 8.30 7.80 7.40 7.00 6.50 5.80 5.50 5.20 4.90 4.70 2.40 2.20 2.10 1.90

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: 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