Post on 21-Jul-2016
Troy Bike Trails
Local Impact
According to one study, 698 bikers were counted during a 14 hour study of trail users on Dye Mill Road (near ConAgra) in 2013.
Regional Impact MVRPC trail studies have concluded there is approximately
$13.5 million economic benefit to our region.
Marina Investment by City City Investment Year Cost Roof Replacement 1999 $63,000 Architectural Designs 2003 $15,000 Construction Drawings 2004 $57,000 Extensive Exterior Work 2004 $152,000 Interior Upgrades 2004 $21,000 Roof Study 2008 $500 Roof Work 2008 $8,937 Exterior Concrete Work 2008 $6,200 Harbor De-silting 2009 $24,999 Irrigation Fountain 2009 $1,829 Interior Plumbing & Electrical 2009 $24,210 Two Garage Doors 2009 $1,750 Paint Exterior Handrails 2009 $400 Island LED Lighting 2009 $13,000 Marina Area Signage 2009 $3,124 Marina Feasibility Study 2009 $20,000 Dock Gates 2009 $695 Treasure Island Gateway 2010 $9,850 Marina HVAC 2010 $48,980 Garage Area Deck Repairs 2011 $13,555 Marina Kitchen Plumbing 2012 $8,829 Concrete Structural Repairs 2013 $31,000 Treasure Island Bridge Foundation Repairs 2013 $3,500
Total $529,358
Public/Private Investor Investment Year Cost
Troy Foundation Investment Treasure Island Gateway 2010 $22,805
Eagles Investment (estimated value) Land for Gateway 2010 $600 ITW / Hobart Brothers Investment (estimated value) Five Acre Tract 2012 $20,000
Private Construction Contractors Investment Morgan Ditch Bridge 2012 $24,000
ODNR Division of Watercraft Restrooms 2014 $85,000 Troy Foundation Investment Lighthouse 2014 $80,000 State of Ohio Riverfront 2014 $150,000
Total $382,405
Public/Private Marina Investment
400
125 100
625
0
100
200
300
400
500
600
700
Demolition Site Restoration Environmental Total
Cost
($1,0
00)
Demolition Cost Estimate
“deliver vital public and military engineering services; partnering in peace and war to strengthen our nation’s security, energize the economy and reduce risks from disasters”
Army Corps of Engineers Mission
Riverfront Recommendations Treasure Island Consultants
Project Component Est. $ Notes Marina Renovation 1.0 M Does not include future bridge/bike trail
connection to Duke Park and possible closure of inlet
TI Park Development 1.8 M Does not include $150,000 for parking lot expansion, to be state grant funded
Total $2.8 M
Project Component Est. $ Notes I: Short-term 4.6 M IA: Short-term Plus 1.3 M II: Long-term 4.3 M Net of second ice sheet
IIA: Second Ice Sheet 4.1 M Does not include costs to relocate Park Maintenance operations
III: CIP Maintenance 0.7 M Total $15.0 M
Riverfront Recommendations Hobart Arena Consultants
Opt.
Description
Bond Amount
Annual D/S
GF Balance After 5th Year
I Fund of all recommendations
$17.8 M $1.14 M ($0.62 M)
II Funding of all TI Recommendations & I, IA, and more at Arena
$10 M $.64 M $1.88 M
III Funding of all TI Recommendations & I & IA at Arena
$8.7 M $.56 M $2.29 M
Riverfront Financing Scenarios