FY2022

Contact Juli Seydell-Johnson Department PARKS & RECREATION

R4346

Project #

Project Name Palisades or Stone Bridge Park Development

Type One Phase

Useful Life 20 years

GRANTEE NONE

PLAN Park Master Plan

Category Parks Maintenance

MATCH % NONE

TIF DISTRICT None

Priority Essential (2)

Description Funding to develop a new neighborhood park in an emerging or underserved location. The City owns several parcels designated for parks and developments are completed. Justification The 2017 Park Master plan points to a districts with deficiencies in park land. This project will be designed to develop a new neighborhood park in a growing or underserved neighborhood as the opportunity becomes available. Total Project Cost: $700,000 Status Active

Expenditures

Total

2021

2022

2023

2024

2025

PLANNING/DESIGN CONSTRUCTION

30,000

30,000

60,000

300,000

300,000

600,000

INSPECTION

5,000

5,000

10,000

ADMINISTRATION CONTINGENCY

5,000

5,000

10,000

10,000

10,000

20,000

350,000

350,000

700,000

Total

Funding Sources GO BONDS-GENERAL PURPOSE

Total

2021

2022

2023

2024

2025

350,000

350,000

700,000

350,000

350,000

700,000

Total

Budget Impact/Other This project will increase operating expenditures due to the addition of new park amenities and finished park land. The estimated increase in operating expenditures is $20,000 per year.

520

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