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<br />Revenue Option No. I
<br />Local Option Sales Tax (LOST) for North County Park
<br />FY 99/00
<br />$ 2,450,000
<br />FY 00/01
<br />$ 1,000,000
<br />FRDAP Grant
<br />$ 150,000
<br />CR512 widening — Retention Pond Funding
<br />$ 100.000
<br />$ 3,700,000
<br />Revenue Option No. 2
<br />Local Option Sales Tax (LOST) for North County Park
<br />FY 99/00
<br />$ 2,450,000
<br />FY 00/01
<br />$ 1,000,000
<br />FRDAP Grant
<br />$ 150,000
<br />CR512 widening — Retention Pond Funding
<br />$ 100,000
<br />Park Development Fund
<br />$ 125,000
<br />Tree Fine Fund
<br />$ 50.000
<br />$ 3,875,000
<br />There is $1,000,000 in LOST Revenue set aside for multi-purpose recreation field land acquisition
<br />in FY 99/2000 and FY 02/03. Since the State Legislature has approved $4.3 million for stormwater
<br />lake land acquisition in Indian River County, it is possible that the County could purchase land
<br />adjacent to stormwater lakes for parks, and the stormwater lakes could treat the runoff from the park
<br />improvements. This could reduce the land area needed for recreation fields, and a portion of the $1
<br />million, perhaps $500,000, could possibly be diverted to North County Park. The following revenue
<br />option #3, therefore, is presented:
<br />Revenue Option No. 3
<br />Local Option Sales Tax (LOST) for North County Park
<br />FY 99/00 $ 2,450,000
<br />FY 00/01 $ 1,000,000
<br />FRDAP Grant $ 150,000
<br />CR512 widening — Retention Pond Funding $ 100,000
<br />Park Development Fund $ 125,000
<br />Tree Fine Fund $ 50,000
<br />LOST Multipurpose field allocation $ 500.000
<br />$ 4,375,000
<br />Phase I Construction Alternatives
<br />For Phase I construction, the following alteratives are presented:
<br />Construction Alternative No. I
<br />Due to the complicated piping and subsurface excavation associated with pool construction, it would
<br />be preferable to construct at least the Olympic pool and activity pool concurrently. The cost to
<br />accomplish this is:
<br />Construction Costs
<br />Olympic pool(w/separate diving area and movable bulkheads)
<br />Activity pool (7,(YQ0 s.f.)
<br />Pool Deck
<br />Fencing
<br />Pool Building
<br />Parking
<br />Lighting
<br />Landscapmg/irrigation
<br />Site Amenities/Fumishings
<br />Roads, Drainage, Utilities
<br />Construction Contingency
<br />Subtotal -Construction Costs
<br />JULY 119 2000
<br />-143-
<br />$ 1,750.000
<br />$ 750.000
<br />$ 160.000
<br />$ 35.000
<br />$ 823.408
<br />$ 238,050
<br />$ 125,000
<br />$ 120,000
<br />$ 115,000
<br />$ 477,398
<br />$ 145.177
<br />$ 4,739,033
<br />INK 1 14 PG 15 9
<br />0
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