FY2024 Proposed Budget

Capital Improvement Plan 2023-2027 City of Iowa City, Iowa

2023 2027 thru

Department PARKS & RECREATION

Contact Juli Seydell-Johnson

Type One Phase

R4362

Project #

Useful Life 10 years

Project Name Napoleon Park Softball Fields 5-8 Renovation

Category Parks Maintenance

Priority Efficiency Improvement (3)

MATCH % NONE GRANTEE NONE

TIF DISTRICT None PLAN None

Status Active

Description This project will renovate and enhance fields 5-8 at the Napoleon Park Softball Complex. The project will include the laser grading infields, the addition of drainage tile, and new outfield turf. Total Project Cost: $450,000

Justification In 2013 we completed this process on fields 1-4 at Napoleon. Fields 5-8 currently have water retention and playbility issues that present maintenance and play challenges thus limiting their use.

Expenditures

Total

2023

2024

2025

2026

2027

50,000 380,000

50,000 380,000

PLANNING/DESIGN CONSTRUCTION

5,000

5,000

INSPECTION

15,000 450,000

15,000 450,000

CONTINGENCY

Total

Funding Sources GO BONDS-GENERAL PURPOSE

Total

2023

2024

2025

2026

2027

450,000

450,000

450,000

450,000

Total

Budget Impact/Other The operating budget for this facility will remain the same.

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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