PROPOSED FY 2023 - 2027 Capital Improvement Program
Auburn Park Total Project Cost: $10.0M Project Status:
Continuing
PROJECT DESCRIPTION The future Auburn Park is approximately 35 acres located off Route 8 in Riner, VA. This park will have many features including: • Four Baseball/ Softball Fields • Two Multi-Purpose Fields • Lighting for Fields • Restroom Facility – water, sewer, and power • Parking lot – 340 spaces with lighting • Picnic Shelter • Playground • Extensive Walking Trails
FUNDING SOURCES • • •
Lease Revenue Bonds – $6.1M Cash-to-Capital - $3.9M Annual maintenance costs will be supported by the general fund.
PROJECT MILESTONES • •
Grading will be completed in June 2022 (FY22). Construction is scheduled for FY23.
Project - Auburn Park Planning
Prior Years thru FY 22
FY 23
$8,800
FY 24
FY 25
FY 26
FY 27
$0
$0
$0
$0
$0
Total FY 23-27 $0
Grand Total $8,800 $307,688
Land Acquisition
$307,688
$0
$0
$0
$0
$0
$0
Design
$183,500
$200,000
$0
$0
$0
$0
$200,000
$383,500
Construction
$380,846
$7,403,624
$0
$0
$0
$0
$7,403,624
$7,784,470
Grading
$1,500,000
$0
$0
$0
$0
$0
$0
$1,500,000
Project Management
$26,854 $2,407,688
$0 $7,603,624
$0 $0
$0 $0
$0 $0
$0 $0
Prior Years thru FY 22
FY 23
Total Project Costs
Funding Proceeds to Date Bond Funds County Cash to Capital - Transfer from GF Total Funding Sources
FY 24
FY 25
FY 26
FY 27
$26,854 $0 $7,603,624 $10,011,312 Total FY 23-27
Grand Total $6,102,529
$0
$6,102,529
$0
$0
$0
$0
$6,102,529
$3,483,783 $3,483,783
$425,000 $6,527,529
$0 $0
$0 $0
$0 $0
$0 $0
$425,000 $3,908,783 $6,527,529 $10,011,312
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