2004 Performance Based Budget - Laserfiche WebLink

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MAJOR CAPITAL PROJECT DESCRIPTION FOR YEARS 2005 - 2008 Projected On oing Operating Cost Impact Operation of any new traffic controls and maintenance of new storm sewers would result in incremental increases in operations cost. Sweeping and plowing costs should be reduced, which would partially offset these minor ongoing operational costs. Riverside Trail -Angela Boulevard $2,595,000 (2005-2006) to Darden Bride This Transportation Enhancement Activity (TEA) will provide riverfront access and recreation opportunities in the City which will beenhanced bydevelopment of abike/pedestrian facility. This would include a link to the Darden Road historic pedestrian bridge with two boat launch sites as well as existing Brownfield Park, Keller Park and the Riverside Drive Local Historic District. This trail would follow the riverbank where possible. Amenities to be developed would include fishing platforms for the disabled and security lighting plus other similar amenities. Fundin Source General Capital Funds, County Option Income Tax (COIT), and Federal Funds Activity Date 2005 $1,200,000 Phase II Construction 2005 95,000 Phase III Design 2006 $1,300,000 Phase III Construction TOTAL $2,595,000 Projected Ongoing Operating Cost Impact The Parks and Recreation Department currently mows about half of this route. The upgraded landscape will likely add 0.5 full-time employees (FTE) to the Parks' labor requirement with the attendant capitalization needed to support that additional labor activity. Olive Street Improvements $2,220,000 (2005, 2006) The TJX development in the Sample-Ewing TIF area will require an upgrade to an old roadway on Olive Street from Prairie Avenue to Sample Street. Fundin S~~ ource LRSA, T1F, Federal Activity Date 2005 $ 220,000 -LRSA, TIF 2006 2,000,000 -LRSA, TIF, Federal TOTAL $2,220,000 D-29