FY 23 APPROVED CAPITAL BUDGET

12 Stones Park

PARKS AND RECREATION Project Number:

Operating Budget Impact

P234129

Council District:

F

Revenues:

Location:

Creswell

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $0

Project Schedule/Status: FY 23: Engineering and design FY 24: Construction

PROJECT DESCRIPTION: This project proposes engineering and construction of active recreation facilities on a 23.5 acre property in Creswell. The parcel is relatively flat and well suited for baseball/softball diamonds, as well as multipurpose fields. This park will be utilized by the Emmorton Recreation Council. This project supports the goals and objectives of the 2018 Land Preservation, Parks and Recreation Plan and its Capital Improvement Program recommendations.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

250,000

250,000

250,000

0

0

Construction

0 1,500,000

250,000

1,750,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

0 250,000

250,000 1,500,000

0

0

0 250,000

2,000,000

FUNDING SCHEDULE R1515 Recordation Tax R7000 Future Bonds

250,000

250,000

250,000

500,000

0 1,500,000

1,500,000

0 0 0

0 0 0

Total Cost:

0 250,000

250,000 1,500,000

0

0

0 250,000

2,000,000

229