Page 278 - City of Colleyville FY22 Adopted Budget
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Exhibit A
City of Colleyville
Capital Improvement Plan
Fiscal Year 2022
Project Descriptions
Parks and Recreation
City Park Event Fence
Program Description Strategic Plan Connection
This project consists of replacing the existing fence at City 5.3 Provide attractive facilities for leisure and recreation
Park with fencing that can be removed during special events.
Total Project Cost $30,000
Category Type Funding Source 2022
Parks and Recreation Rehabilitation Voluntary Park Fund $30,000.00
City Park New Amenity
Program Description Strategic Plan Connection
This project consists of constructing a new amenity at the 5.3 Provide attractive facilities for leisure and recreation
City Park Facility.
Total Project Cost $700,000
Category Type Funding Source 2022
Parks and Recreation New Construction Voluntary Park Fund $280,500.00
Parks and Recreation New Construction Tomorrow Fund Parks $90,000.00
Parks and Recreation New Construction Parkland Dedication Fund $329,500.00
Colleyville Gateways‐2022
Program Description Strategic Plan Connection
This project is for the landscape and beautification to the 3.4 Thoroughly plan for future capital investments and
Colleyville Gateways. Improvements include tower associated costs
structures, wall fountain, retaining walls, and miscellanous
appurtenances. This is a multi‐year funded project.
Total Project Cost $4,000,000
Category Type Funding Source 2022
Parks and Recreation New Construction TIF $4,000,000.00
Potential Additional Operating Costs
As the new amenity and Colleyville gateways represent
new construction, it is likely that an increase in
maintenance costs for both will need to be reflected in our
operating budget, likely at between $10,000 - $20,000
within a few years after project completion. These costs
will be split between the General Fund and the Economic
Development Fund. 276
