2012 Budget - South Suburban Parks and Recreation

South Suburban Park and Recreation District
Capital Improvement Plan
Summary of the Sources and Uses of Funds (continued)
The chart below shows the 2012 percentage breakdown of approved capital expenditures.
Facility improvements account for 50% ($2,645,458) of the capital expenditures. Another
22% ($1,145,000) represents projects to be funded by grants from Arapahoe County Open
Space and Great Outdoors Colorado, along with the required matching funds from the
District. At the time of the budget development, these grants have not yet been submitted or
approved by the granting agencies. Equipment, vehicles, and computers represent 11%
($597,300) of the capital expenditures, new trails or trail improvements are 10% ($527,980),
and the remaining 7% ($390,976) comes from park improvement items. A detailed listing of
all the approved capital projects is including in Section 2 of this document.
2012 Capital Expenditures Breakdown (Uses)
New Trails or Trail
Improvements
10%
Park Improvements
7%
Grant Projects
22%
Facility Improvements
50%
Equipment/Vehicles or
Computers
11%
Project Highlights for 2012
Some of the major facility improvements projects include:
1. Replacement of the South Suburban Ice Arena roof (estimated cost of $700,000) -
The roof on the Ice Arena is leaking onto the ice, which creates bumps in the ice
surface and shuts down the arena during heavy precipitation. The roof is also in
danger of blowing off in a heavy wind storm. The recommended roof material comes
with a 30 year warranty. This replacement will prevent further damage to the facility
and maintain it for many years to come.
2. Holly Pool and Tennis Court Improvements (estimated total costs of $1,086,332 –
2011 Budget of $257,666 and 2012 Budget of $828,666). This project is funded
jointly by the City of Centennial ($414,333 for 2012) and the District ($414,333 for
2012). Improvements to the facility include a bathhouse renovation, zero depth water
feature, and tennis court improvements.
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