Open Space Advisory Board Agenda and Packet 2016 11 09 JT

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Five -Year Capital Improvement Program Request for Capital Equipment or Capital Project Identification and Funding Source: Project Name: Trails/Signs Wayfinding (Open Space & Parks) ,Program(s): Parks it y' - Open Space & Tra11s OpenOpen Space& Trails Sub-Program(s): Priority: Submitted By: Parks & Recreation Version: Parks Education & Outreach New Trails Funding Source(s): 7 Conservation Trust - Lottery Fund Open Space & Parks Fund Open Space & Parks Fund 5/16/2016 Percent 50°% 10% 40% 100% Estimated Cash Flow Schedule: Year 1 2017 Year 2 2018 Year 3 2019 Year 4 Year 5 2020 2021 Five -Year Total Beyond 5 Years Equipment or Project Costs Signs Trails Other Prof Services Construction Other Capital Equipment 152,704 319,103 -- - - 123,501 226,995 - - 125,536 446,950 - - - - 119,368 - 72,989 - - - - - - - 521,109 1,066,037 - - - - - - - - Total Equip/Project Costs 471,807 350,496 572,486 192,357 - 1,587,146 - Grant(s) or Other Project Revenue - - - - - impact to Annual Maint!Operating Costs - - - - - - Descri tion and Justification: 1 Map or hotoy Description & Proposed Funding: Equipment/Project Description: Fabrication and installation of a suite of trail signs that will help orient trail users to their current location and nearby destinations. This project also Improves the existing trail system by constructing trail improvements and new trail segments that create eight 'Primary Trails° that traverse Louisville. Cost allocation methodology for projects with more than one funding source: NA Project revenue or grants, if any, the will support the project and the impacts to the operating budget: NA Justification: Why is this equipment or project needed? To Improve usability of the City trail system for recreation and alternative transportation How does this project promote Program Goals? Wayfinding is a program goal identified In the PROST, a high OSAB priority and a program goal What impact will this project have on the Key indicators for this Program or Sub -Program? Increase hall mileage, Increase number of new trails and connections What is the return on investment or cost/benefit for this project? The community loves our trail network and this will only enhance the user experience. What alternatives to this project have been considered? Do not implement the plan and use the trails system as is.