Natural Resource Conservation Board- Nate Monahan, Recreation Manager
Title
RECOMMENDATION OF THE 2021 - 2025 OPEN SPACE CAPITAL IMPROVEMENT PLAN
Background
A panel of City Staff including the City Manager, Finance Director, Public Works Director and Parks and Recreation staff have reviewed the Five-Year Capital Improvement Plan (CIP) for the City’s Open Space Fund and is recommending the 2021 components below of the CIP. Staff is seeking the NRCB’s recommendation to bring forward to the City Council for approval and formal adoption into the 2021-25 CIP.
*2020 Expenditure: Complete repayment of internal borrowing from EDA for northern portion wetland banking. ($400,000)
A summary of the recommendations are as follows:
2021 Revenues
• Projected Park Dedication Fees: ($829,961)
• Projected Wetland Credit Sales: ($750,000)
• Interest Earnings: ($34,300)
2021 Expenses
Wetland Management (CCES: ($75,000):
• BWS Wetland Banking Project management contract
BWS Site Development: ($175,000):
• BWS Entrance Sign ($125,000)
• BWS Structure Design ($50,000)
On-going maintenance of BWS: ($50,000)
• Budgetary number provided in the BWS Development Master plan to maintain trails, rain gardens, signage, observation deck, and other amenities throughout the site.
Main Street Wetland Bank (Pioneer Park: ($80,000)
• This project is currently in the review process with regulatory agencies
Trails Development: ($200,000):
• Sunrise Ponds Trail Development ($200,000)
Open Space Management: (5,000):
• Maintenance of Open Space properties and amenities throughout the city.
2022 Expenses
*BWS Site Development reflects the budget number of $2 million if a Nature Center Building is constructed. If an open shelter is constructed the budget would be reduced to $500,000.
Recommendation
By motion, recommend to the City Council the 2021 - 2025 Open Space Capital Improvement Plan.