HomeMy WebLinkAboutExhibit 9BayfrMont Park Management Trust Capital Improvement4Burdget
Notes to froposed Budget for 2410612207
EXHIBIT6O1
Board Designated Capital Improvement Fund: S3,2S0
Expenses
Fixed .Assets and Land 1'nproveinents
Challenger Memorial Lighting ,&: Park Relighting: proposed $500,000. These funds will be
used to create and instal] a lighting package for the•entire park with a particular focus on the
Challenger Memorial. 15 % contingency proposed $ 7 5,000.
Rehahilitation of l avfront Park Rock Carden: proposed $1;r000,000. These funds will be
used to renovate and rehabilitate the Bayfront Park Rock.Garden, which dates from 1926 and is
the earliest design feature in the park. 15% contingency proposed `$150,000.
ut'cbase of Fixed Assets: proposed $75,000. These funds will be used to replace and acquire
new equiprneni over $750.
Long Range Planning Capital implementation
Park Pathways: proposed $200,000. These funds will be used for park pathways beautification.
ParkStzna2e & Furnishings: proposed $300,000. These funds will be used for park signage
and furnishings beautification.
Park Tree Canopv Expansion: proposed S200,000. These funds will be used for expansion of
the park tree canopy.
Park Design: proposed $500,000. These funds will be used for design services to support
objectives identified through the Trust's Long Range Planning process.
Children's Play Area: proposed 5250,000. These funds will be used to create a Children's Play
Area at Bayfront Park.
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