FY 23 APPROVED CAPITAL BUDGET

Washington Court Access Road

HIGHWAYS - ROADS Project Number:

Operating Budget Impact

H214506

Council District:

A

Revenues:

Location:

Edgewood

Expenditures: Cost Savings: None:

Est. Debt Service:

$53,750 (annual)

X

Expended/Encumbered as of 2/9/22: $58,098

Project Schedule/Status: FY 21: Design and construction

PROJECT DESCRIPTION: This project is for new access road (approximately 800' long) to the Washington Court property off of Cedar Lane in Edgewood. Current road connections to this site are through existing subdivisions and not conducive to higher volumes of traffic. The project was originally designed in 2007, but has been inactive since that time. This project will update the old set of plans to current standards and provide construction funding for the work.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

150,000

150,000

150,000

0

0

Construction

2,000,000

2,000,000

2,000,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

2,150,000

0 2,150,000

0

0

0

0

0

2,150,000

FUNDING SCHEDULE

R7100 Prior Bonds

2,150,000

2,150,000

2,150,000

0 0 0 0

0 0 0 0

Total Cost:

2,150,000

0 2,150,000

0

0

0

0

0

2,150,000

338