FY25 Proposed Budget

2024 2028 thru

Capital Improvement Plan 2024-2028 City of Iowa City, Iowa

PARKS & RECREATION

Department

Contact Juli Seydell-Johnson

One Phase

Type

R4346

Project #

20 years

Useful Life

Project Name Palisades Park Development

Parks Maintenance

Category

GRANTEE NONE

PLAN Park Master Plan

Essential (2)

Priority

MATCH % NONE

TIF DISTRICT None

Active

Status

Total Project Cost: $250,000

Description Funding to develop new neighborhood parks in emerging or underserved locations. Improvements in soon to be acquired location in the Palisades Subdivisions to include playground, shelter, or other park features.

Justification The 2017 Park Master plan points to a district 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.

Expenditures

Total

2024

2025

2026

2027

2028

PLANNING/DESIGN

30,000

30,000

CONSTRUCTION

180,000

180,000

INSPECTION

5,000

5,000

ADMINISTRATION

5,000

5,000

CONTINGENCY

30,000

30,000

250,000

250,000

Total

Funding Sources

Total

2024

2025

2026

2027

2028

GENERAL FUND

250,000

250,000

250,000

250,000

Total

Budget Impact/Other Modest operating budget impacts are expected but not significantly higher than current mowing maintenance needs as the parcels transfer to City ownership.

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