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Veterans Memorial Park Renovation
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Summary and Background Information: Veterans Memorial Park is approximately 4 acres of a 8.5 acre site that includes Eagle Pointe Recreation Center. It opened in 1971 and has not been significantly updated since that time. There were originally three residential lots along Forest Drive. The city recently acquired the final lot and will be able to add it to the park in 2019 when the previous owner moves out (though the city already owns the property, the previous owner is able to stay 12-15 months until their new home is built. They anticipate vacating the property by May 2019.)
A master plan for the park was presented to City Council on 12/17/18 and at that time staff did not have the estimated cost to complete the project. Per the request of Council, a flush restroom was added to the park as well as additional elements to address inclusivity. The revised plan will be shared with Council for their review before construction drawings are completed. At this time staff anticipates waiting to start the project until funding is secured to complete the entire renovation of the park as shown in the attachments. Once the total project budget of $3,020,000 is secured, construction documents are produced, and a general contractor is given notice to proceed, it is anticipated that it would take 4 to 6 months to complete the project.
Staff Responsible (Department Head): Carolyn Keith
Staff Member Presenting: Mike Brown, Parks Planning and Operations Manager
Financial Impact: Secured funding sources include $705,000 CIP, $60,000 grant received from GOCO, $55,000 grant received from Colorado Health Foundation; unsecured funding Adams County Open Space Grant $750,000. Additional funding needed $1,450,000
Funding Source: CIP, Grants
Staff Recommendation: City Council consider possible funding sources for the additional funding needed in the amount of $1,450,000 to complete the project.
Suggested Motion: