FY2022
Contact Jason Havel Department PARKS & RECREATION
R4376
Project #
Project Name Hwy 6 Trail - Fairmeadows to Heinz
Type One Phase
Useful Life 40 Years
GRANTEE TRAILS GRANT
PLAN Bike Master Plan
Category Parks Maintenance
MATCH % 30%
TIF DISTRICT None
Priority Essential (2)
Description The project includes approximately 0.8 miles of 10-foot wide trail along the south side of Hwy 6, from Fairmeadows Boulevard to Heinz Road. Justification This trail segment has been identified as a priority in a number of City of Iowa City planning efforts and is a prioritized in ‐ fill section, which address a gap in the City of Iowa City’s side path network. A side path is necessary in this area due to the high volume and high speeds of vehicular traffic on Highway 6. Total Project Cost: $600,000 Status Active
Expenditures CONSTRUCTION
Total
2021
2022
2023
2024
2025
Prior
418,000
418,000
90,000
INSPECTION
21,000
21,000
Total
ADMINISTRATION CONTINGENCY
21,000
21,000
50,000
50,000
510,000
510,000
Total
Funding Sources GO BONDS-GENERAL PURPOSE OTHER STATE GRANTS
Total
2021
2022
2023
2024
2025
162,000
162,000
438,000
438,000
600,000
600,000
Total
Budget Impact/Other This project will add trail to the Parks & Recreation Department snow plowing, mowing, and general maintenance expenses. Additional operating expenditures are estimated to be less than $10,000 per year. This serves as a declaration of official intent under Treasury Regulation 1.150-2 that it is reasonably expected that capital expenditures will be made in respect of the above-described project, such expenditures to be advanced from the Capital Projects fund, and the City reasonably expects to reimburse all or a portion of the expenditures with the proceeds of bonds, notes or other indebtedness to be issued or incurred by the City in the future.
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