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GENERAL CAPITAL AND OPERATIONS AND MAINTENANCE COSTS <br />The following table is a tool that the City can use to initially evaluate and budget for new improvements and quickly grasp the <br />general cost for new improvements. Equally important to the initial capital cost for a project are the ongoing operations and <br />maintenance (O &M) costs. Adequately budgeting operations and maintenance ensures that facilities last their expected life and <br />that parks remain safe and welcoming. <br />TABLE 6.6 GENERAL CAPITAL AND OPERATIONS & MAINTENANCE COSTS <br />IRK ELEMEN E CAPITAL C07S ANNUAL OW COST`IPTIMATE[ M�1= <br />LI FE <br />New Park Development <br />Neighborhood Park <br />$90,000 /Acre <br />Community Park <br />$130,000 /Acre <br />Sports Park <br />$180,000 /Acre <br />General Grounds & Landscaping <br />Mowed Turf Grass <br />$60,000 /Acre New Sod <br />(Irrigated) <br />$34,000 /Acre New Seed <br />Mowed Turf Grass (Non <br />Irrigated) <br />Irrigation <br />Prairie Restoration <br />Naturalized Shoreline <br />Rain Garden <br />Woodland Restoration <br />Stormwater Features <br />$30,000 /Acre New Sod <br />$2,000 /Acre New Seed <br />$25,000 /Acre <br />$5,000 /Acre <br />$100 /LF <br />$10 /Sq. Ft. <br />$4,000 /Acre <br />$25 /Sq. Ft. <br />$550 /Acre <br />25 -50 <br />$550 /Acre <br />25 -50 <br />$3,400 /Acre <br />25 -50 <br />Includes mowing, trimming, <br />$1,000 /Acre <br />15 -30 fertilizing, weed control, <br />$11,000 /Bldg. /Yr. 40 Includes all buildings <br />aerating & overseeding. <br />$150- $200 /Sq. Ft. <br />Does not assume hydroseed. <br />$800 /Acre <br />15 -30 Includes mowing, trimming, <br />fertilizing, weed control, <br />$50 /LF <br />aerating & overseeding. <br />$1,300 /Acre <br />25 <br />$300 /Acre <br />- <br />$400 /Acre <br />Assumes 6 foot wide sidewalk <br />$300 /Acre Low end - high end could be up <br />to $20 /Sq Ft <br />Assumes restoration of existing <br />$400 /Acre wooded area. $20,000 /Acre if <br />new tree planting required <br />$900 /Acre <br />Buildings with Restrooms <br />$300 - $400 /Sq. Ft. <br />$11,000 /Bldg. /Yr. 40 Includes all buildings <br />Picnic Shelters <br />$150- $200 /Sq. Ft. <br />$3,800 /Bldg. /Yr. 40 Includes all shelters <br />ils & Surfaces <br />Trails (10 Ft. Wide Asphalt) <br />$50 /LF <br />$5,280 Per Mile 30 <br />Parking Lots (Asphalt) <br />$2,500- $3,000 /Stall <br />$20 -$25 Per Stall 40 <br />Sidewalks (Concrete) <br />$30 /LF <br />Assumes 6 foot wide sidewalk <br />Natural Surface Trails <br />$30 /LF if limestone ADA or <br />$500 /Mile - <br />$5 /LF if rustic footpath <br />Park Amenities <br />Tennis Courts with Lighting <br />$150,000 $1,000 /Court <br />Tennis Courts $100,000 $1,000 /Court <br />11 City of Elk River - Parks and Recreation Master Plan <br />25 Assumes 12,500 Sq. Ft Double <br />Court. <br />25 Assumes 12,500 Sq. Ft. Double <br />Court. Resurfacing includes <br />striping of both tennis and <br />pickleball cost of $10,000 per <br />court <br />Draft 11.25.14 <br />