INNOVATE INDIANA

Exhibit B-4
Project Impact Project Budget & Funding
ADDITIONAL SUPPORT | SECTION 19
Total project budget $2,890,000.00
Description of Capital
Expenditures
Maintaining the bridge and payment.
Description of Ongoing
Expenditures
Ongoing expenditures will be incorporated into the Plymouth Parks Department
budgets.
Local public funding $800,000.00
Private funding $0.00
Non-profit funding $1,290,000.00
Other funding $0.00
RCI funding required? Yes
RCI funding needed $800,000.00
RCI funding proportion of
cap ex 28%
Total private funds $1,290,000.00
Private ratio calc 45
Total public funds $1,600,000.00
Public ratio calc 55
Other $0.00
Other ratio calc 0
Total funding $2,890,000.00
Variance between budget &
funding $0.00
Private/public/other funding
ratio 45 / 55 / 0
Project impact and
alignment with local or
regional plans
Culver: included in comprehensive plan, applied for a federal grant for trails;
Culver Academies part of plan in
cooperation w/County; application withdrawn (2005) pending establishment of
suitable route around south end of lake.
Remains goal of Culver comp plan; could start w/north end of lake.
Plymouth has already implemented Phase 1 of its Advanced Greenway Trail and
has funded Phase 2, which will be
constructed in 2017. Phase 3 is planned to take the trail from Riverpark Square to
Southgate Park.
Anticipated return on
investment (%) 0
Description of anticipated
return on investment Will increase the quality of life in Plymouth to help attract employees.
Annual sales or other nontax
revenue generated ($) 7500
Description of annual sales
or other non-tax revenue
generated
Sales at entities that support and/or benefit from trail recreation
Jobs created (if applicable)
Description of jobs created
(if applicable)
1
Employee at entity that supports trail recreation
34_MC_MC Trail System
REGIONALCITIESOFNORTHERNINDIANA.ORG |
308
EXECUTIVE SUMMARY THE REGION ENGAGED CURRENT TRENDS
STATE OF THE REGION
& QUALITY OF PLACE
VISION & STRATEGY PROJECTS
STAKEHOLDERS, EXECUTION
& STRUCTURAL CHANGES
BENCHMARKING
& MEASUREMENT
ADDITIONAL SUPPORT