FY2020 Budget

a. Town Center Capital Project Fund – to amend the existing project ordinance to expand the project scope to include the construction of a regional stormwater control measure to treat stormwater generated for future Town Center Development and the existing Church Street Townes development in accordance with resolution 2005-134 by appropriating Capital Investment Project Reserve Fund.

Capital Revenues

Current

Appropriation

Budget

Transfer from CIP Reserve Fund

750,000

750,000

Total

$ -

$750,000

$750,000

Capital Expenditures

Current

Appropriation

Budget

Construction

750,000

750,000

Total

$ -

$750,000

$750,000

a. Public Safety Improvements Capital Project Fund – to establish a capital project for the purposes of funding professional services, land acquisition, design cost, feasibility studies and/or relocation costs associated with future Fire Station facility locations and improvements (projects outlined by CIP identify Fire Station #2, Northwest, and Park West) including emergency traffic pre-emption technology to address public safety improvements. Staff will provide Council with an action plan prior to initiating expenditure activities for the Public Safety Improvements Capital Project Fund.

Capital Revenues

Current

Appropriation

Budget

Transfer from CIP Reserve Fund

2,800,000

2,800,000

Transfer from Roadway/Transportation Reserve Fund

350,000

350,000

Total

$ -

$3,150,000

$3,150,000

Capital Expenditures

Current

Appropriation

Budget

Professional Services/Design/Land Acquisition

3,150,000

3,150,000

Total

$ -

$3,150,000

$3,150,000

b. Parks & Greenway Improvements Capital Project Fund – to establish the capital project for the purposes of improving and enhancing existing park facility amenities and ADA improvements, constructing a connection between Town Hall Terraces to Indian Creek Greenway, and related to design cost for the construction of a future Crabtree Nature Park and Morrisville Community Park Phase III.

Capital Revenues

Current

Appropriation

Budget

Transfer from Parkland Payment in Lieu

-

1,824,900

1,824,900

DOCNC Grant for ADA Improvements

15,000

15,000

National Fitness Campaign for Fitness Stations

30,000

30,000

Total

$ -

$1,869,900

$1,869,900

Capital Expenditures

Current

Appropriation

Budget

Professional Services/Design

-

1,200,000

1,200,000

Construction

-

669,900

669,900

Total

$ -

$1,869,900

$1,869,900

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