Capital Improvements Program FY 2015 - 2024

City of Greensboro

2015-2024 Capital Improvements Program

ACCOUNT NUMBER 212-2205-16

RESULT AREA

PROGRAM Neighborhood Development DISTRICT 1,2

DEPARTMENT Infrastructure

213-9010-02

Tracking#

218

Planning and Community Development

PROJECT TITLE Ole Asheboro Neighborhood Revitalization

TYPE REQUEST Continuation

PROJECTED START

PROJECTED COMPLETION 2015

PROJECT DESCRIPTION Major accomplishments have included: rehabilitation of over 130 deteriorated private homes; acquisition and demolition of over 130 dilapidated structures; provision of 90 lots for new homes; restoration of 10 historic homes; and numberous park and open space improvements. Projects include: bicycle and pedestrian improvements; street improvements in the MLK North initiative area; street and utility improvements in the Dorothy Brown Housing Development; water and sewer replacements; acquisition, property management, and rehab in the Nettie Coad Apartments; and housing subsidies in the project area.

Approved Funding: Estimated Budget: BUDGET INFORMATION

BUDGET COMMENTS

$0 $155,000

Future funding sources are the Federal Community Development Block Grant and HOME Program allocations. The Other Revenue is HCD program income and State Revenue is a request that Powell Bill funding be used for street and sidewalk repairs in the neighborhood.

Expenses

Fiscal Year

Planning/Design

Land

Construction

Equipment

Fiscal Year Total

14 15 -

0

0

155,000

0

155,000

15 16 -

0

0

0

0

0

16 17 -

0

0

0

0

0

17 18 -

0

0

0

0

0

18 19 -

0

0

0

0

0

19 24 -

0

0

0

0

0

Total

0

0

155,000

0

155,000

Revenue

Fiscal Year 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24 -

General Fund

Enterprise Fund

Grants

Authorized Bonds

Unauthorized Bonds

Unauthorized Bonds 2

Revenue Bonds

Other Revenue

Fiscal Year Total 155,000

0

0

155,000

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

0

0

155,000

0

0

0

0

0

155,000

Operating Impact

Maintenance Operations

Fiscal Year

Personnel

Capital Outlay

Revenues

Fiscal Year Total

- 14 15 - 15 16 - 16 17 - 17 18 - 18 19 - 19 24

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total

64

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