2012 Park Bond Program

Page 1


Agenda • Welcome and Introductions • Presentation: • Park Bond Background • Balancing Diverse Needs to Build a Great Park System • 2012 Park Bond Allocation • Public Input


2012 Park Bond 

$75M Total Park Bond  $63M for County park improvements  $12M for Regional parks

Sustain previous park investments Fund tomorrow’s park facilities and ensure enhanced quality of life for future generations


Why General Obligation Bonds?    

Form of long-term borrowing Requires voter approval Spreads cost over the life of the facilities Primary source of Park Authority funding for land acquisition, renovation and park development


Park Bond Referendum History Eleven approved park bond referendums since 1959 

$463 million total for land acquisition, renovation and park development Park Bonds scheduled every four years; interim bonds in 2002 and 2006 Park Bonds (in millions)

$100

$77 $75

$75 $50 $25

$4

$15

$28

$39

$65

$65 $63

$50 $20

$25

$0

19 5 19 9 66 19 71 19 77 19 8 19 2 88 19 98 20 02 20 04 20 0 20 6 0 20 8 12 ?


2012 BOND TOOL BOX Project Sources and Considerations     

 

2004 Needs Assessment Great Park Great Communities Plan Projects with funded designs – PHASED Unimplemented Master Plans Financial Sustainability Plan – Business Growth Opportunities Agency Strategic Plan Bond Project Data Base


Public Input      

Needs Assessment Great Parks, Great Communities Process Master Plan Input Park Stakeholder Interaction/Outreach User Input Park Partners, Volunteers and Policy Makers


10-Year Capital Resource Needs Through 2013 per Needs Assessment $377M

New Development $226,514,264 60%

Land Acquisition $57,132,000 15% Renovation $93,090,381 25%


Percentage of $377M Needs Assessment Funded by $155M Bonds (2004-2008)

Renovations 59%

New Facilities 28%

Land Acquisition 65%


$63M 2012 Park Bond Categorical Allocation

Land Acquisition and Stewardship 20%

Facility Expansion 31%

Community Parks/New Facilities 12%

Existing Facility Renovation 37%


Percentage of $377M 10-Year Capital Improvement Plan Funded by $218M Bonds 73% 8%

2004‐2008 48%

2012

62% 13%

20%

65%

59% 28%

Land Acquisition

New Facilities

Renovations


2012 Park Proposed Bond Program 20%– Land Acquisition and Stewardship 

Caring for our resources 

Land, natural and cultural

Ensuring parks for future generations Improving quality of flora and fauna, water, air and health Preserving our local history and archaeology


Land Acquisition ď Ž ď Ž

Open space is rapidly diminishing Secure necessary land resources to support facility needs today and for future generations


Land Acquisition Highlights         

Old Colchester Preserve Additions Pimmit Run Stream Valley Ruckstahl property Blueberry Hill Sappington at Sully Woodlands McLean Central Additions Green Spring Additions Patriot Park Addition Turner Farm Addition


Stewardship Capital Projects     

 

Historic Huntley Tenant House restoration Colvin Run Mill Miller House restoration Hidden Pond Nature Center improvements Stewardship Education Center Archaeology, cultural and natural resource studies Energy Management Sully Woodlands Wayfinding


Stewardship Highlights


31% Park Facility Expansion   

Growth in demand Update facilities Advance Phased development Master Plan implementation Revenue stability


Park Facility Expansions 

Golf   

RECenters  

Twin Lakes Greendale OakMarr Oak Marr Spring Hill

Water Mine at Lake Fairfax


Facility Renovations  

 

Address safety issues Update aging facilities w/o expansion Deferred replacement Address user expectations Improve efficiency


37% Existing Facility Renovations  

    

Playground Replacements Lee District Family Rec Area site prep and carousel replacement Trails Paving and Connections Entrance Road Repaving at Lake Accotink Area 1 Maintenance Facility Design Energy Saving Improvements RECenter Renovations  Spring Hill  Oak Marr Golf Improvements – Oak Marr, Burke Lake, Greendale, Jefferson and Pinecrest


Athletic Fields 

Synthetic Turf      

Field Renovations 

Pine Ridge Grist Mill Arrowhead E.C. Lawrence Rolling Valley West South Lakes HS McNaughton

Field Improvements 

Langley Fork


Community Parks/ New Facilities    

Implement MPs Improve Service Levels Serve Diverse Needs Advance Phased Development


12% Community Parks/ New Facilities Proposed 

Phased development of Laurel Hill Park and Patriot Park Initiate Park Development per master plans at   

 

Monticello Park White Gardens Hartland Green Urban Park

Mastenbrook Grant Signage and Branding


Creative Financing and Partnerships Volunteers Park Foundation Proffers

Mastenbrook Grants

Friends Groups

User Groups Grants

Public Private Partnerships

Turf Matching Grants


Why Bonds in Tight Times? 

Long Term Investment – Bonds are for tomorrow Ensure quality facilities and resource protection for future generations Investment now reduces Operational Costs Meeting citizen needs and taking care of park resources protects public investment in parks Low Bond Interest Rates/AAA Rating


2012 Bond Program Written Comments: Public Information Office Fairfax County Park Authority 12055 Government Center Parkway, Suite 927 Fairfax, VA 22035 703-324-8662

Green Team Chair

Mark Abbott 703-929-4090 soccer@chantillyyouth.org Green Team Vice Chair

Beth Gamble gamblebeth@gmail.com

Email Comments: parkmail@fairfaxcounty.gov Park Authority Website: http://www.fairfaxcounty.gov/parks


FAIRFAX COUNTY PARK AUTHORITY


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.