Secondary and Cumulative Impacts Master Management Plan - 2014

introduction FY2014

Town Center Parking Lot Project Description: Build a public parking lot to support community use and business development in the Town Center.

Serve the Community Serve the Community Run the Operations Manage the Resources

Provide an Environmentally Sensitive & Livable Community

Foster a Healthy Community Model a Positive Town Image

Invest in Infrastructure and Transportation

Town Goals

Benefits of Project:

Lead Department: Date Added to CIP:

1 Enable residents and visitors to access the Town Center. 2 Support business development in the Town Center. 3 Support siting of new community facilities in the Town Center.

2012

Review Date:

31-Oct-12

Design Start Year:

2020 2021

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

$411,252

No

0

Operations and Maintenance Estimates

2015

2016

2017

2018

2019

O&M Remarks:

Equipment and Furniture Utilities Maintenance Supplies Personnel

None

Other Funding Sources and Related Revenue Projections

Financing Plan

Installment 10

Tax on $100k

Debt Service Schedule

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

9.60 2.10 2.10 2.00 1.70 1.70

Tax Base

¢ Tax

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

0.21 0.21 0.20 0.17 0.17 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

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

91,567 $ 4,299,514,804 91,567 $ 4,428,500,249 91,567 $ 4,561,355,256 91,567 $ 5,245,558,544 91,567 $ 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: Cost estimate is based on cost to build PSMS Parking Lot. Cost estimate assumes 60-space parking lot @ $5,000 per space. Land acquisition. Approximately 1 acre.

Budget: This project likely is a Capital Cash Outlay planned through the annual budget process. The Town would not necessarily incur debt for such a project unless grouped with another CIP project concept due to relationship.

Town Facilities Projects Priority Total Group Projects

Total Projects Town Priority Project Number

55