HomeMy WebLinkAboutI. C. SEATACK PARK UPDATE 8.27.24Seatack Park Improvements
City Council Briefing
Michael Kirschman and Kevin Chatellier
August 27th, 2024
Current Conditions and Amenities
VB ANIMAL
CARE CENTER
SEATACK
PARK
•Size: 5.0 Acres
•Year Acquired: 1970
•Partial Tree Canopy
•Current Park Amenities
•Playground (2011)
•Basketball Court
•Baseball Backstop and Infield
•Gravel Parking Lot
SEATACK PARK IMPROVEMENTS | 2
Potential Amenities and Cost
•Budget: $3M (+ $200k budgeted for playground replacement)
•$400K for Design
•$2.6M for Construction
•Potential New Amenities/Cost
•New Parking Lot (50 spaces) - $500K
•Park Restroom - $1.1M
•Stormwater - $300K
•Tree Mitigation - $60K
•Playground Replacement - $350K
•Large Shelter - $250K
•Other Park Amenity - $240K
•TBD: paved loop trail, outdoor exercise equipment, etc.SEATACK PARK IMPROVEMENTS | 3
Next Steps and Timeline (if funded)
•Staff Develop Concept Plans – 6 months
•Public Input Sessions and Feedback – 2 months
•Develop Final Preliminary Master Plan – 3 months
•Public Information and Comment – 2 months
•Construction Plan Development – 12-14 months
•Bid/Construction Award – 4 months
•Construction – 12-16 months
•Timeline begins once project staff resources become available
•If unfunded, P&R will proceed with replacing existing playground as scheduled and at same location
SEATACK PARK IMPROVEMENTS | 4
Funding Options
•Too early in the fiscal year to appropriate sizeable amounts from the General Fund’s Fund Balance or determine vacancy saving capacity.
•Dedication review and capacity analysis provided to City Council in April 2024 which estimated capacity in the following funds:
•One option could be to utilize capacity within any of these dedications to construct park. Pay-as-you-go financing or bond financing ($300k annual debt service)
Fund FY 25 FY 26 FY 27 FY 28 FY 29 FY 30
ARP $ 2,000,000 $ 2,000,000 $ 2,000,000 $ 2,000,000 $ 2,000,000 $ 2,000,000
Open Space $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000 $ 5,000,000
TAP $ - $ - $ - $ - $ - $ -
TIP*$ - $ - $ - $ - $ - $ -
EDIP $ 4,091,621 $ - $ - $ - $ - $ -
Town Center TIF $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000
Total $ 14,591,621 $ 10,500,000 $ 10,500,000 $ 10,500,000 $ 10,500,000 $ 10,500,000
*TIP Amusement Tax dedication redirected to support Arts programming within the General Fund ($1.7 million avg).
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Funding Options- continued
•Redirect from existing P&R CIP projects or acceleration of this project ahead of other deferred maintenance efforts currently programmed within the P&R CIP.
Parks Infrastructure Replacement & Underdevelopment Park Improvements- $7.7M
Parks and Special Use Facilities Development - $6.9M
Funding currently obligated across numerous projects. Examples include:
District 2 - Pungo Ferry Park renovation ($350k + state ARPA funding)
District 2 - Munden Point Park shoreline stabilization phase II ($200k)
District 3 - Mt. Trashmore vert ramp renovation ($500k)
District 5 - Red Wing Park restroom #2 replacement, under design ($1.4M)
District 5 - Red Mill Park restroom replacement ($1.2M)
District 5 - Lake Placid Park pickleball court renovation ($300k)
District 6 - Beach Garden Park boardwalk railing replacement ($350k)
District 7 - City View Park softball infield repairs/renovation ($500k)
District 7 - Level Green Park renovations, under construction ($1M)
District 8 - Lynnhaven Park bathroom replacement, under design ($1.2M)
District8 - Lynnhaven Marina power pedestal replacement ($600k)
Multiple - various basketball court renovations ($360k), shelter replacements ($350k) guardrail ($350k), etc.
SEATACK PARK IMPROVEMENTS | 6
Questions and Discussion