Project Summary: View Royal Park development
Overview of the multi-year master plan implementation for View Royal Park.
Project Summary
Priority: Strategic
Project Name: View Royal Park development Project Number: 2-2-11303-310 CC 1028 & 1258 (2022) / 1-2-07210-580 Submitted by: J. Rosenberg, Director of Engineering and Parks and L. Chase, Director of Development Services
Executive Summary
The newly approved View Royal Park Master Plan includes a long-term implementation schedule and high-level cost estimates. Implementation of the plan requires that Council consider funding various projects. The plan includes a logic for the order of the projects to be considered. Over the past several years Council has provided funding annually in the amounts of 100,000- $150,000 to improve the park. Continued implementation of the plan moving forward. Work listed in item “A” and some of item “B” and drinking fountain were completed in 2021. The 2022 budget includes $141,300 to complete the 2021 work plan.
Business problem and opportunity
The newly adopted View Royal Park Master Plan includes several improvements to the physical aspects of the park, and an increased emphasis on environmental protection. Implementation of the plan is a long-term project that requires consideration of budgets over a 10+ year time frame. This project summary represents the initial five years of activity.
Proposed project objectives
To implement the 2020 View Royal Park Master Plan (attached) as per the phasing plan in the plan. Cost estimates have been updated to current year. The top priorities from the plan are:
- Wetland plantings, tree planting (60), water, sewer and electrical services (CC 1258)
- Dog fencing, benches, bike racks, garbage receptacles, planting in Craigflower tidal and channel riparian areas
- Washroom
- Picnic shelter and picnic tables
Business risks
The projects in the initial 4 years are the priority items from the plan. The most significant risk is in not doing the dog fencing as the community will become more entrenched in positions regarding dogs in the park.
Proposed sources of funding
Capital: Gas tax grant (Community Work Fund), DCCs up to $9,890 Operational: Taxation
Costs and benefits
| Costs | FY1 | FY2 | FY3 | FY4 | FY5 | 5-year Total |
|---|---|---|---|---|---|---|
| Capital | 271,300 | 165,000 | 175,000 | 160,000 | 150,000 | 921,300 |
| Operational | 3,000 | 6,000 | 15,000 | 20,000 | 44,000 | |
| Total | 271,300 | 168,000 | 181,000 | 175,000 | 170,000 | 965,300 |
| Benefits | |
|---|---|
| Tangible | A central park for View Royal with incredible amenities. |
| Intangible | Community gathering spaces, community pride. |
Recommendation
THAT the Committee recommend the 2022-2026 Financial Plan include View Royal Park Master Plan Implementation to be funded by gas tax grant and DCCs.