CAPITAL IMPROVEMENT PLAN 2020-2024 For the Year Ending December 31, 2020 Presented To: Breckenridge Town Council Eric Mamula, Mayor Wendy Wolfe Dick Carleton Gary Gallagher Jeffrey Bergeron Erin Gigliello Kelly Owens Presented by: Rick Holman, Town Manager 56 Five Year Capital Improvement Plan Summary 2020 to 2024 Capital Fund Projects Recreation River Park Total 2020 700,000 700,000 2021 2022 - 2023 - 2024 - - TOTAL 700,000 700,000 Public Works McCain Property Improvements- School Parcel Coyne Valley Bike Underpass Blue River Crossing at Coyne Valley Road Fiber Infrastructure Childcare Facility Carter Dog Park Drainage Airport Road Improvements Riverwalk Center Lobby Improvements Undergrounding of Overhead Utilities Roadway Resurfacing Infrastructure Improvements- Culverts Lincoln Heated Sidewalk Total 100% Renewable Energy Town Facilities Energy Upgrades Solar/Renewable Implementation Total GRAND TOTAL 1,000,000 600,000 2,900,000 10,000,000 50,000 200,000 850,000 350,000 250,000 16,200,000 3,750,000 10,000,000 200,000 200,000 1,000,000 350,000 15,500,000 150,000 3,750,000 1,000,000 350,000 5,250,000 43,000 3,750,000 200,000 1,000,000 350,000 5,343,000 43,000 200,000 850,000 350,000 1,443,000 4,986,000 600,000 2,900,000 20,000,000 200,000 250,000 7,500,000 200,000 400,000 4,700,000 1,750,000 250,000 43,736,000 100,000 90,000 190,000 17,090,000 100,000 90,000 190,000 15,690,000 100,000 90,000 190,000 5,440,000 100,000 90,000 190,000 5,533,000 100,000 90,000 190,000 1,633,000 500,000 450,000 950,000 45,386,000 5,582,000 3,457,000 3,550,000 1,525,000 43,000 10,000,000 65,000 15,690,000 43,000 1,875,000 65,000 5,440,000 43,000 1,875,000 65,000 5,533,000 43,000 65,000 1,633,000 20,441,000 200,000 215,000 105,000 350,000 3,750,000 20,000,000 325,000 45,386,000 Capital Funding Sources Excise 6,327,000 Project Funding In Prior Year (RWC Lobby) 200,000 McCain Rents 43,000 Open Space Funds (River Park) 105,000 GOCO Grant for Oxbow Park 350,000 Housing Fund (50% for Airport Rd. Improvements) COP Bond For Fiber 10,000,000 Conservation Trust Transfer 65,000 Total 17,090,000 Parking and Transportation Fund Projects S. Gondola Parking Structure (Phase 1)*** Watson Roundabout (Phase 2) Riverwalk & Ped Connection (Phase 3) Wayfinding Phase 2 S.Park Ave & Main Street Roundabout F-Lot Pedestrian and Parking Lot Improvements River Walk Improvements Pedestrian Corridor Lighting Sidewalk Master Plan Implementation Four O'clock Pedestrian Improvements Village Road Pedestrian Improvements Transit Center Total 50,000,000 400,000 1,500,000 137,500 100,000 350,000 52,487,500 500,000 137,500 100,000 250,000 987,500 4,000,000 300,000 250,000 2,000,000 100,000 250,000 6,900,000 3,000,000 250,000 100,000 250,000 5,000,000 8,600,000 100,000 250,000 1,400,000 300,000 2,050,000 50,000,000 4,400,000 3,300,000 2,000,000 500,000 2,000,000 275,000 500,000 1,350,000 1,400,000 300,000 5,000,000 71,025,000 987,500 987,500 6,900,000 6,900,000 8,600,000 8,600,000 2,050,000 2,050,000 400,000 50,000,000 20,625,000 71,025,000 Parking and Transportation Funding Sources Project Funding In Prior Year (Roundabouts) COP Bond for Parking Structure*** Excise Fund Transfer Total ***Budget will be adjusted at GMP BHA Capital Projects 400,000 50,000,000 2,087,500 52,487,500 Special Projects Fund 2,245,000 700,000 540,000 585,000 565,000 4,635,000 2,245,000 2,245,000 700,000 700,000 540,000 540,000 585,000 585,000 565,000 565,000 4,635,000 4,635,000 Special Projects Funding Sources Excise Fund Transfer Total 57 Capital Improvement Plan Summary for 2020 Capital Fund Recreation River Park Total 245,000 245,000 Other Funding 455,000 455,000 Total cost 700,000 700,000 Public Works McCain Property Improvements- School Parcel Coyne Valley Bike Underpass Blue River Crossing at Coyne Valley Road Fiber Infrastructure Carter Dog Park Drainage Riverwalk Center Lobby Improvements Roadway Resurfacing Infrastructure Improvements- Culverts Lincoln Heated Sidewalk Town Facilities Energy Upgrades* Solar/Renewable Implementation* *100% Renewable Energy Project TOTAL 957,000 600,000 2,900,000 10,000,000 50,000 850,000 350,000 250,000 100,000 90,000 16,147,000 43,000 200,000 243,000 1,000,000 600,000 2,900,000 10,000,000 50,000 200,000 850,000 350,000 250,000 100,000 90,000 16,390,000 GRAND TOTAL 16,392,000 698,000 17,090,000 Capital Funding Sources Excise Project Funding In Prior Year (RWC Lobby) McCain Rents Open Space Funds (River Park) GOCO Grant for Oxbow Park COP Bond For Fiber Conservation Trust Transfer TOTAL Parking and Transportation Capital Fund Other Funding 6,327,000 200,000 43,000 105,000 350,000 10,000,000 65,000 10,763,000 6,327,000 P&T Fund S. Gondola Parking Structure (Phase 1)*** Watson Roundabout (Phase 2) Wayfinding Phase 2 River Walk Improvements Pedestrian Corridor Lighting Sidewalk Master Plan Implementation TOTAL P&T Funding Sources COP Bond for Parking Structure*** Project Funding In Prior Year (Roundabouts) Excise Fund Transfer TOTAL 1,500,000 137,500 100,000 350,000 2,087,500 P&T Fund 2,087,500 2,087,500 Other Funding 50,000,000 400,000 50,400,000 Other Funding 50,000,000 400,000 50,400,000 Total Costs 6,327,000 200,000 43,000 105,000 350,000 10,000,000 65,000 17,090,000 Total cost 50,000,000 400000 1,500,000 137,500 100,000 350,000 52,487,500 Total Funds 50,000,000 400,000 2,087,500 52,487,500 ***Budget will be adjusted at GMP 58 Project Name Department: River Park Recreation Description: The 2020 project will construct the second phase of Oxbow Park, part of the Blue River Corridor Master Plan and adjacent to the Denison Housing projects. This work will include the tot play area, swings, parking, and additional educational features. The project received a GOCO a second grant award for $350,000 for Phase II of the project. Project Funding Town Funds Open Space Funds GOCO Grant Total 2020 245,000 105,000 350,000 700,000 2021 Project Costs Design and Construction Total 2020 700,000 700,000 2021 2022 0 0 0 0 2023 0 0 0 0 2022 0 0 2024 0 0 0 0 2023 0 0 0 0 0 0 Total 245,000 105,000 350,000 700,000 0 0 Total 700,000 700,000 2024 0 0 Operational cost considerations: This project will require staff time to inspect the playground and bathrooms daily, trash collection and utilities. The total is estimated at $13,000 per year. 59 Project Name Department: McCain Property Improvements- School Parcel Public Works Description: This project will establish a roadway and utilities to the School District parcel. Project Funding Town Funds Rents Total 957,000 3,707,000 43,000 43,000 1,000,000 3,750,000 Project Costs Construction Total 1,000,000 3,750,000 1,000,000 3,750,000 2020 2020 2021 2021 2022 2023 2024 107,000 43,000 150,000 0 43,000 43,000 0 43,000 43,000 2022 2023 2024 150,000 150,000 43,000 43,000 43,000 43,000 Total 4,771,000 215,000 4,986,000 Total 4,986,000 4,986,000 Operational cost considerations: Operational costs will be detailed once the project scope and design are progressed. There will be a cost increase for snow removal and maintenance of infrastructure. 60 Project Name Department: Coyne Valley Bike Underpass Engineering Description: This project will design and construct an underpass for the Rec Path crossing at Coyne Valley Rd. The work will be included in the Blue River Crossing project. Project Funding Town Funds Total 2020 600,000 600,000 2021 Project Costs Design Construction Total 2020 2021 600,000 600,000 0 0 2022 0 0 2022 0 0 2023 0 0 2023 0 0 0 0 2024 0 0 Total 600,000 600,000 2024 Total 0 0 0 600,000 600,000 Operational cost considerations: This is not expected to have significant impact on operational costs. 61 Project Name Department: Blue River Crossing at Coyne Valley Road Public Works Description: The Blue River reclamation project originally included the replacement of the metal culverts at Coyne Valley Road over the Blue River with a concrete structure. The pricing from the original bid was not attractive and was subsequently removed from the reclamation project. This project will replace the metal culverts with a concrete structure along with reconstruction of a small portion of the Blue River banks upstream from Coyne Valley Road. Project Funding Town Funds Total 2020 2,900,000 2,900,000 2021 Project Costs Construction Total 2020 2,900,000 2,900,000 2021 0 0 2022 2022 0 0 0 0 0 0 2023 0 0 2023 2024 2024 0 0 0 0 Total 2,900,000 2,900,000 0 0 Total 2,900,000 2,900,000 Operational cost considerations: This is not expected to have an ongoing operational cost to the Town since the culvert already exists. 62 Project Name Department: Fiber Infrastructure Public Works Description: This project is the installation of infrastructure to support Town-wide access to fiber broadband service. Project Funding COP Bond Total Project Costs Design Construction Total 2020 2021 10,000,000 10,000,000 10,000,000 10,000,000 2020 2021 0 0 10,000,000 10,000,000 10,000,000 10,000,000 2022 2023 0 0 2022 2024 0 0 2023 0 0 0 2024 0 0 0 Total 0 20,000,000 0 20,000,000 Total 0 0 0 20,000,000 0 20,000,000 Operational cost considerations: Operational costs will include annual maintenance and repairs. These costs are currently being developed and are not included in the capital costs. 63 Project Name Department: Childcare Facility Planning Description: Based on the current childcare assessment, an additional facility is needed in Breckenridge. This is a place holder to provide funds for the design of a future facility. Project Funding Town Funds Total 2020 Project Costs Design Construction Total 2020 2021 - 2022 - 2021 - 2023 - 2022 - - 2024 200,000 200,000 Total 200,000 200,000 - 2024 200,000 0 200,000 Total 200,000 200,000 2023 - Operational cost considerations: This project is not expected to have an ongoing operational cost to the Town if it follows the business model of the existing child care facilities. The operators of the facilities pay the utilities and capital replacement costs. 64 Project Name Department: Carter Dog Park Drainage Public Works Description: This project is the design and construction of drainage improvements to the existing dog park. Project Funding CIP Funds Total 2020 2021 50,000 200,000 50,000 200,000 2022 Project Costs Design Construction Total 2020 2021 0 50,000 0 200,000 50,000 200,000 2022 2023 2024 2023 0 0 0 0 0 Total 250,000 250,000 0 0 0 Total 50,000 200,000 250,000 2024 0 0 0 Operational cost considerations: This is not expected to have significant impact on operational costs. 65 Project Name Department: Airport Road Improvements Public Works Description: This project is to design and implement roadway improvements as recommended in the 2018 Traffic Study for Airport Road. Project Funding CIP Funds Housing Funds Total 2020 Project Costs Design Construction Total 2020 2021 2022 2023 0 1,875,000 1,875,000 0 1,875,000 1,875,000 0 3,750,000 3,750,000 2024 Total 0 3,750,000 0 3,750,000 0 7,500,000 2021 2022 2023 0 0 0 0 3,750,000 3,750,000 0 3,750,000 3,750,000 2024 Total 0 0 0 7,500,000 0 7,500,000 0 0 0 0 0 0 Operational cost considerations: Operational costs will be detailed once the project scope and design are progressed. There will be a cost increase for snow removal and maintenance of infrastructure. 66 Project Name Department: Riverwalk Center Lobby Improvements Administration Description: This project is to add a Lobby to the Riverwalk Center (RWC) that would include indoor bathrooms, ticket office, concession and pre-event space. DTJ developed a programmatic design that was estimated to cost between $3.7M and $5M in 2016. Project Funding Town Funds Prior CIP Funding Total 2020 200,000 200,000 Project Costs Design Construction Total 2020 200,000 0 200,000 2021 2022 0 0 0 0 0 0 2021 2023 2022 0 0 0 2024 0 0 0 2023 0 0 0 Total 0 0 0 0 200,000 200,000 0 0 0 Total 200,000 0 200,000 2024 0 0 0 Operational cost considerations: The lobby addition would increase the operational costs by approximately $16,000 for utilities, maintenance, labor and cleaning. 67 Project Name Department: Undergrounding of Overhead Utilities Public Works Description: This project is to underground all of the overhead utility lines in Town over time. This project is funded through the general fund in conjunction with a 1% excise tax charged on Breckenridge residents' electric bills. The project will continue until all overhead lines are placed underground. The funding is shown to be every other year because the 1% excise money is generated at a rate that cannot support a project every year. The $200,000 from the Town is used to pay for the undergrounding of other utilities that may be on the pole at the same time as the electric lines. The Town does not have a similar funding source for those utilities other than electric. Project Funding Town Funds Total 2020 Project Costs Construction Total 2020 2021 200,000 200,000 2022 0 0 2021 200,000 200,000 2022 0 0 2023 200,000 200,000 2024 0 0 2024 0 2023 200,000 200,000 0 0 Total 400,000 400,000 0 0 Total 400,000 400,000 Operational cost considerations: This project is not expected to impact operational costs. 68 Project Name Department: Roadway Resurfacing Public Works Description: This represents a commitment to future street projects, probably in the form of milling and resurfacing. The Council has set a goal of having the pavement condition rated at a 7 based on the Town pavement rating system. The inspection of the roads happens yearly. This project will also replace concrete that is deteriorated or damaged as well. Project Funding Town Funds Total Project Costs Construction Total 2020 2021 2022 2023 850,000 1,000,000 1,000,000 1,000,000 850,000 1,000,000 1,000,000 1,000,000 2020 2021 2022 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2023 850,000 850,000 2024 850,000 850,000 Total 3,850,000 3,850,000 2024 850,001 850,001 Total 3,000,000 3,000,000 Operational cost considerations: This project is part of an ongoing reinvestment in our streets in order to keep our roads in a condition that is acceptable to our community. While it is difficult to determine the operational costs that this project reduces, the amount of maintenance needed because of this project is reduced. 69 Project Name Department: Infrastructure Improvements- Culverts Engineering Description: This project is to repair or replace aging culverts throughout Town. Project Funding Town Funds Total 2020 350,000 350,000 2021 350,000 350,000 Project Costs Design Construction Total 2020 2021 350,000 350,000 350,000 350,000 2022 350,000 350,000 2022 350,000 350,000 2023 350,000 350,000 2024 350,000 350,000 2023 2024 350,000 350,000 350,000 350,000 Total 1,750,000 1,750,000 Total 1,750,000 1,750,000 Operational cost considerations: This is not expected to have an ongoing operational cost to the Town since the culverts are existing. 70 Project Name Department: Lincoln Heated Sidewalk Public Works Description: This project is to replace the existing sidewalk on the south side of Lincoln Avenue between Ridge St and French St, adjacent to the Exchange building. The project does not include any changes or improvements to the Exchange building. Project Funding Town Funds Total 2020 250,000 250,000 2021 Project Costs Construction Total 2020 250,000 250,000 2021 2022 0 0 2023 0 0 2022 0 0 2024 0 0 2023 0 0 0 Total 250,000 250,000 0 0 Total 250,000 250,000 2024 0 0 Operational cost considerations: Additional operational costs for the heated sidewalk include utility costs estimated at $20,000 71 Project Name Department: Town Facilities Energy Upgrades Public Works Description: This project accelerates the Town's invest in upgrades for energy efficiencies in lighting and mechanical systems. Project Funding Town Funds Total 2020 100,000 100,000 2021 100,000 100,000 2022 2023 2024 100,000 100,000 100,000 100,000 100,000 100,000 Total 500,000 500,000 Project Costs Design Construction Total 2020 2021 2022 Total 0 100,000 100,000 0 100,000 100,000 0 0 0 100,000 100,000 100,000 100,000 100,000 100,000 2023 2024 0 500,000 500,000 Operational cost considerations: This project will not impact our current operational costs and will realize savings based on the reduced energy consumption. 72 Project Name Department: Solar/Renewable Implementation Community Development Description: This project is to pursue options and strategies for renewable energy in Town. Project Funding Town Funds Total 2020 90,000 90,000 2021 90,000 90,000 2022 90,000 90,000 2023 90,000 90,000 2024 90,000 90,000 Total 450,000 450,000 Project Costs Design Construction Total 2020 2021 2022 2023 2024 Total 0 90,000 90,000 0 90,000 90,000 0 450,000 450,000 0 90,000 90,000 0 90,000 90,000 0 90,000 90,000 Operational cost considerations: This project will not impact our current operational costs. 73 Project Name Department: S. Gondola Parking Structure (Phase 1)*** Parking and Transportation Description: This project is for the design and construction of a new parking structure on the S. Gondola Lot. Project Funding Town Funds COP Bond Total 2020 0 50,000,000 50,000,000 Project Costs Design Construction Total 2020 1,500,000 48,500,000 50,000,000 2021 2022 0 0 0 2021 2023 0 0 0 2022 0 0 0 Total 0 0 0 ######## 0 ######## 2024 Total 0 1,500,000 0 ######## 0 ######## 0 0 0 2023 0 0 0 2024 0 0 0 Operational cost considerations: Operational cost considerations include: snow removal, cleaning, maintenance, utility costs for heated concrete, joint and concrete sealants, and asphalt maintenance. Cost sharing for the garage operations is detailed in the agreement with VRSI. 74 Project Name Department: Watson Roundabout (Phase 2) Parking and Transportation Description: This project is to evaluate, design and construct roundabouts and associated corridor improvements that were recommended by the 2016 DTJ/Nelson Nygaard study. A new roundabout at Watson Avenue is the priority location as part of the S. Gondola Parking Structure CDOT Access Permit. Project Funding Town Funds Prior Project Funding Total 2020 400,000 400,000 Project Costs Design Construction Total 2020 400,000 0 400,000 2021 2021 2022 4,000,000 0 0 0 4,000,000 2022 0 0 0 4,000,000 0 4,000,000 2023 2024 0 0 2023 Total 0 0 400,000 400,000 0 0 0 Total 400,000 4,000,000 4,400,000 2024 0 0 0 Operational cost considerations: The cost for operations will be determined once the scope of the project has been established. It is likely that the landscaping needed in these areas will increase the summer maintenance costs. The design can be geared toward low maintenance but weeds, irrigation and regular trash cleaning will be required. The roundabout at North Main and Park Avenue costs approximately $40,000 per year to provide all the flowers and maintenance. Staff estimates that the lower maintenance roundabouts will costs between $15,000 and $20,000 per year. 75 Project Name Department: Riverwalk & Ped Connection (Phase 3) Parking and Transportation Description: This project is for pedestrian connections to Main Street from the S. Gondola Parking Structure. The project is contemplated to include a new pedestrian bridge, riverbank improvements, and pedestrian pathways to downtown. Project Funding Town Funds Total 2020 Project Costs Design Construction Total 2020 2021 0 0 2023 0 3,000,000 0 0 2024 0 0 2022 Total 0 3,000,000 0 3,000,000 2024 0 0 0 2022 2023 300,000 0 0 3,000,000 0 3,000,000 Total 0 300,000 0 3,000,000 0 3,300,000 2021 0 0 0 Operational cost considerations: Operational cost will be developed as the design progresses. 76 Project Name Department: Wayfinding Phase 2 Parking and Transportation Description: This project is for the installation of updated pedestrian and vehicular wayfinding signage throughout town. Project Funding Town Funds Total 2020 1,500,000 1,500,000 Project Costs Design Construction Total 2020 0 1,500,000 1,500,000 2021 500,000 500,000 2022 2021 2022 0 500,000 500,000 2023 0 0 2024 0 0 2023 0 0 0 2024 0 0 0 Total 0 2,000,000 0 2,000,000 Total 0 0 0 2,000,000 0 2,000,000 Operational cost considerations: This project is not expected to have operational impacts. 77 Project Name Department: S.Park Ave & Main Street Roundabout Parking and Transportation Description: This project is to evaluate, design and construct the S.Park Ave/Main St. roundabout and associated corridor improvements that were recommended by the 2016 DTJ/Nelson Nygaard study. The 2022 project is a feasibility study of both intersection improvements and alternative pedestrian crossing locations, followed by preliminary design in 2023. This study will include a large public outreach effort and involvement of stakeholders. Project Funding Town Funds Total 2020 Project Costs Design Construction Total 2020 2021 0 0 2022 250,000 250,000 2023 250,000 250,000 2024 0 0 Total 500,000 500,000 2022 250,000 0 250,000 2023 250,000 0 250,000 2024 0 0 0 Total 500,000 0 500,000 2021 0 0 0 Operational cost considerations: The cost for operations will be determined once the scope of the project has been established. It is likely that the landscaping needed in these areas will increase the summer maintenance costs. The design can be geared toward low maintenance but weeds, irrigation and regular trash cleaning will be required. The roundabout at North Main and Park Avenue costs approximately $40,000 per year to provide all the flowers and maintenance. Staff estimates that the lower maintenance roundabouts will costs between $15,000 and $20,000 per year. 78 Project Name Department: F-Lot Pedestrian and Parking Lot Improvements Parking and Transportation Description: This project includes improving the pedestrian pathway between Park Avenue and Adams Avenue and reconfiguring the F-Lot layout increase parking. Project Funding Town Funds Total 2020 Project Costs Design Construction Total 2020 0 2021 0 0 2021 0 0 0 2022 0 2,000,000 0 2,000,000 2023 2022 0 0 2,000,000 0 2,000,000 2023 0 2024 0 0 2024 0 0 Total 0 2,000,000 0 2,000,000 Total 0 0 0 2,000,000 0 2,000,000 Operational cost considerations: The increased cost for operations is estimated to be between $30,000 and $35,000 depending on design parameters. 79 Project Name Department: River Walk Improvements Public Works Description: This project is to replace the River Walk concrete and hardscape in areas between Park Avenue and Ski Hill Rd. Project Funding Town Funds Total 2020 137,500 137,500 2021 137,500 137,500 2022 Project Costs Design Construction Total 2020 2021 2022 0 137,500 137,500 0 137,500 137,500 2023 0 0 2024 0 0 2023 0 0 0 0 0 2024 0 0 0 Total 275,000 275,000 Total 0 0 0 0 275,000 275,000 Operational cost considerations: This project will not impact our current operational costs. 80 Project Name Department: Pedestrian Corridor Lighting Parking and Transportation Description: This project is improve lighting in the major pedestrian corridors throughout Town. Standards for lighting the corridors will be established using standard light fixtures at the standard spacing to achieve the appropriate level of safety to attract people to walk. The corridors will be identified and approved by Council prior to any work moving forward. Project Funding Town Funds Total 2020 100,000 100,000 2021 100,000 100,000 2022 100,000 100,000 2023 2024 100,000 100,000 100,000 100,000 Total 400,000 400,000 Project Costs Design and Construction Total 2020 100,000 100,000 2021 100,000 100,000 2022 100,000 100,000 2023 2024 100,000 100,000 100,000 100,000 Total 400,000 400,000 Operational cost considerations: 81 Project Name Department: Sidewalk Master Plan Implementation Public Works Description: In 2020, sidewalk will be constructed on Ski Hill Rd near Christie Heights and design will continue on Warrior's Mark. The $250,000 placeholder for future work assumes new sidewalk, curb and gutter at approximately 1,000 linear feet per year. Project Funding Town Funds Total 2020 350,000 350,000 2021 250,000 250,000 2022 2023 2024 Total 250,000 250,000 250,000 1,100,000 250,000 250,000 250,000 1,100,000 Project Costs Design Construction Total 2020 2021 2022 0 350,000 350,000 0 250,000 250,000 0 0 0 0 250,000 250,000 250,000 1,100,000 250,000 250,000 250,000 1,100,000 2023 2024 Total Operational cost considerations: This project will increase operational cost do to additional plowing and maintenance needs. Increases are estimated at $8,000 each year that sidewalk infrastructure is added. 82 Project Name Department: Four O'clock Pedestrian Improvements Parking and Transportation Description: This project will construct a 5-foot heated sidewalk on the south side of the roadway from Park Avenue to King's Crown. Project Funding Town Funds Total 2020 Project Costs Construction Total 2020 2021 0 0 2022 0 0 2021 0 0 2024 Total 0 1,400,000 1,400,000 0 1,400,000 1,400,000 2023 2024 Total 0 1,400,000 1,400,000 0 1,400,000 1,400,000 0 0 2022 0 0 2023 0 0 Operational cost considerations: The increased cost for operations is estimated to be between $30,000 and $35,000 depending on design parameters. 83 Project Name Department: Village Road Pedestrian Improvements Parking and Transportation Description: This project is to improve the pedestrian walkways on Village Road from Park Avenue to Beaver Run Resort per the DTJ/Nelson Nygaard study recommendations. These improvements may include widened, separated sidewalks with heating and increased lighting. Project Funding Town Funds Total 2020 Project Costs Design Construction Total 2020 2021 0 0 2022 0 0 2021 0 0 0 2023 0 0 2022 0 0 0 Total 0 0 2024 300,000 300,000 0 0 0 2024 300,000 0 300,000 Total 300,000 0 300,000 2023 0 0 0 0 0 Operational cost considerations: The cost for operations has not yet been determined but if a heated sidewalk is placed it would be similar to the costs established for Four O'clock Pedestrian Improvement project, which is between $30,000 and $35,000. 84 Project Name Department: Transit Center Parking and Transportation Description: This project is to design and construct a new Breckenridge Station. Project Funding Town Funds Total 2020 Project Costs Construction Total 2020 2021 0 0 2023 0 5,000,000 0 5,000,000 2024 Total 0 5,000,000 0 5,000,000 2022 2023 0 5,000,000 0 5,000,000 2024 Total 0 5,000,000 0 5,000,000 0 0 2021 0 0 2022 0 0 Operational cost considerations: Operational costs will be detailed once the project scope and design are progressed. There will be a cost increase for utilities, maintenance, and cleaning fees. 85