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HomeMy WebLinkAboutAgenda - 10-03-2006-9bORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 3, 2006 Action Agenda Item No. ~ - {~ SUBJECT: West Ten Soccer Center Construction Schedule Options DEPARTMENT: Recreation and Parks PUBIC HEARING: (YIN) No ATTACHMENT (S): INFORMATION CONTACT: Attachment 1. Recent Orange County Soccer Investments Lori Taft, 245-2660 Attachment 2. West Ten Soccer Center - Analysis of Estimated Development Costs PURPOSE: To consider options for completion of West Ten Soccer Center. BACKGROUND: In 2005, the Board of County Commissioners approved the master site plan for development of the West Ten Soccer Center located adjacent to Orange County Schools Gravelly Hill Middle School on West Ten Road in Mebane. The master plan, prepared by Corley Redfoot Zack (CRZ) architects, included development of five full size soccer fields along with one smaller soccer/multi-purpose field. In August 2006, CRZ provided a cost estimate for full development of the Center that ranged from. $2.5 to $3 million including lighting, irrigation, parking, playing surfaces, building and furnishings, goals, bleachers, benches, scoreboard and start-up maintenance equipment. To date, the Board has approved $1,350,000 from 2001 voter approved Soccer Superfund bonds plus $350,000 from the 2004 Two-thirds Net Debt Reduction Bonds for a total of $1.7 million to fund the project. Of the approved funds -for the project, the County has. expended about $967,000 to purchase the land, prepare the master plan and complete some pre-grading development work, leaving an available balance of $733,000 to allocate towards completion of the Soccer Center -between $1,767,000 to $2,267,000 short of the full development cost of $2.5 to $3 million. Attachment 1 of this agenda abstract outlines the County's investment to this point for the West Ten site. During the September 14,.2006 work session, Commissioners discussed future County and School capital projects that would require additional funding beyond the amounts already authorized, and West Ten Soccer Center was. one of those projects. The Board requested that staff analyze costs associated with developing the Soccer Center in more than one phase over a period longer than one year. Staff has worked with CRZ to develop cost estimates requested by the Board -Attachment 2 of this agenda abstract contains the information. For purposes of the analysis, CRZ assumed that Phase 1 .of the Soccer Center would take place in 2007 with Phase 2 taking place in 2012. As outlined, Phase 1 would include two soccer fields with irrigation, fencing,. gravel drive and parking, restrooms, and conduits for lights. Phase 2 would complete the Soccer Center with three additional full size soccer fields 'and a smaller soccer/multi-purpose field along with the perimeter lighted walking track, lights for each of the fields, additions to the restroom facility to include a concession stand, office, equipment storage area and team room, shade shelters, water fountains, perimeter fencing, landscaping and paving of parking areas. When compared to the estimated cost of developing the project in one phase, the estimated cost of phasing in the project increases $531,000 to $688,000 bringing the projected project cost to between $3,031,000 and $3,688,000. FINANCIAL IMPACT: It is important to note that staff is exploring funding opportunities such as community partners and grants that potentially would offset some of~the costs of developing the Soccer Center. Nothing definitive is known at present; however, a potential partner while not having stated a particular donation amount, is awaiting BOCC discussion, and would perhaps be willing to participate in a loan arrangement with the County if necessary. Pending. BOCC deliberation and direction, staff's assumption at this point in project development is that the County remains the sole financial sponsor. Should the Board choose to complete the ,Soccer Center in one phase, beginning this fiscal year, at a projected cost of $2.5 to $3 million, the County would need an additional $1,767,000 to $2,267,000. Based on information presented at the September 14, 2006 work session, the County could debt finance the project through the County's anticipated alternative financing issuance in May 2007 without surpassing the 15 percent debt capacity limitation outlined in the Board approved Debt Management Policy. On. the other hand, should the Board elect to develop the Soccer Center in more than one phase, analysis indicates that the project would cost between $531,000 and $688,000 more than developing the project in one phase. Funding options would include future debt financing more than likely in fiscal year 2010-11 to ensure development of Phase 2 in 2012 or use of the County's pay-as-you-go Capital funding. Examples of future debt funding options include voter approved bonds and alternative financing. RECOMMENDATION (S): The Manager recommends that the Board consider the information provided and direct staff as it desires. Recent Orange County Soccer Investments 1. West Ten Soccer Center ~'~ Total Count Commitment $1,700,000 Less: Ex enditures-To-Date Land Purchase $497,402 Desi n Contract $121,250 Site Develo meet ~ $348,180 Total Ex enditures-To-Date $966,832 Funds. Remaining (After Expenditures-to-Date) for Development of West Ten Soccer Center $733,168 Estimated Cost to Fully Develop West Ten Soccer Center 2006 Cost Estimate (Range) tz~ From To Additional Sitework $150,000 $200,000 Li htin $400,000 $500,000 Irri ation $100,000 $120,000 Parkin and Infrastructure $100,000 $200,000 Pla in surfaces bermuda $800,000 $900,000 Buildin and Furnishin s $650,000 $700,000 Goals, bleachers, benches, scoreboard, etc. ~ $150,000 $200,000 Start - u E ui ment $150,000 $180,000 Total Estimated Cost to Fully Develop West Ten Soccer Center $2,500,000 $3,000,000 2. Other Recent Orange County Soccer Investments Designated for Community Use Additional Completed Fields Planned Fields and Funded Southern Communi Park located in Cha el Hill-Carrboro 3 Efland Cheeks Park located in Central/Northern Oran a Coun 1 Smith Middle School Soccer Field located in Cha el Hill-Carrboro 1 Scroggs Elementary School Soccer Field located in Chapel Hill- 1 Carrboro Twin Creeks Park located in Cha el Hill-Carrboro 4 Northern Park located in Northern Oran a Coun 1 3. Potential Orange County Soccer Project Millhouse Road Pro a located in Cha el Hill-Carrboro Potential to develop 6 fields ~'~ Planned project includes bermuda surfaced full size fields (5), and smaller practice field (1) with lighting and irrigation. 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