FY 27 Proposed Capital Budget

Washington Court Access Road (Ivanhoe St)

HIGHWAYS - ROADS Project Number:

Expended/Encumbered as of 2/3/26: $1,460,234

H214506

Council District:

A

Location:

Edgewood

Project Schedule/Status: FY 21: Design FY 24/26: Construction

Expended/Enc.

Budget

PROJECT DESCRIPTION: This project is for a new, approximately 800' long access road (Ivanhoe St) to the Coppermine Site (FKA 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 design to current standards and provide construction funding for the work.

This project is consistent with the Master Planning goal of maintaining a safe and adequate transportation system to serve existing and future populations.

EXPENDITURE SCHEDULE

Cost Element

Prior

FY 2027 Approp Total

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

Engineering/Design Land Acquisition

150,000

150,000

150,000

0

0

Construction

2,400,000

2,400,000

2,400,000

Inspection Fees

0 0

0 0

Equipment/Furnishing

Total Cost:

2,550,000

0 2,550,000

0

0

0

0

0

2,550,000

FUNDING SCHEDULE

R7100 Prior Bonds R7000 Future Bonds

2,550,000

2,550,000

2,550,000

0 0 0 0

0 0 0 0

Total Cost:

2,550,000

0 2,550,000

0

0

0

0

0

2,550,000

ESTIMATED OPERATING BUDGET IMPACT: Estimated Debt Service

FY 2027 85,170

FY 2028 FY 2029 FY 2030 FY 2031 FY 2032

TOTAL

447,143

80,912

76,653

72,395

68,136

63,878

332