Capital Improvement Plan (CIP) - City of Delaware

REVENUES:
CAPITAL IMPROVEMENT PLAN
PARKS IMPROVEMENT FUND
2009 - 2013
2009 - 2013 2009 2010 2011 2012 2013
Neighborhood Park Exaction Fees 315,000 15,000 15,000 15,000 15,000
ODNR Grant
CIP Allocation 0 37,200 14,000 17,500 10,000
TOTAL REVENUES 315,000 52,200 29,000 32,500 25,000
EXPENDITURES:
COMMUNITY PARKS
MINGO PARK
- Gym Floor Replacement 36,000
GLEN ROSS PARK
- Park Construction 240,000
SMITH PARK
- Field Improvements 0 10,000
NEIGHBORHOOD PARK IMPROVEMENTS 75,000 15,000 15,000 15,000 15,000
PARKING LOT RESURFACING/SEAL COATING
- Eastside Park 1,200
- Smith Park 14,000
- Mingo and Blue Limestone 17,500
TOTAL EXPENDITURES 315,000 52,200 29,000 32,500 25,000
PURPOSE: The Parks Improvement Fund/ Non-Impact Fee Plan identifies future improvements
to the City's parks and recreation system that cannot be funded from parks impact fees.
FUNDING SOURCES: The projects in this plan are funded by an allocation of the general fund
income tax proceeds. Grant funds are also leveraged when possible to offset the cost to the
general fund. The City also has a parks exaction policy that requires new developers to dedicate
parkland for public recreational purposes of approximately 10% of the acreage developed. In
lieu of the required land dedication, Council may accept cash equivalent to the value of the land
otherwise required to be dedicated. These funds are allocated in this plan.
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