Park and Nature Trail Briana Bethel Glenn Bianco

Park and Nature Trail Briana Bethel Glenn Bianco Kristin Carminati Scott Harvey Chris Welch

Outline Park Connector Park Enhancement Prospective Use Property Valuation and Taxes

Park Connector

Existing Conditions • Crosswalk • Push Button • One single piece of sidewalk

Push Button Single Section of Sidewalk Crosswalk

Additions/Improvements • Actual Crosswalk Signal Cost: $20, 000 - $140, 000 Motion detectors: $5, 000 • Park Sign • Pathway linking crosswalk to park Signs Natural Path

Signage

Park Enhancement

Walkway Around Pond 1050 ft long, 3. 5 ft wide. 2 Main Costs • Clearing costs: $145 per foot x 1050 ft = $152, 250 • Pavement costs: $33. 5 per foot x 1050 ft = $35, 175 Total Pond Walkway Costs: $187, 425

Walkway Extension Walkway Ends 150 ft short of parking lot 2 Main Costs • Clearing costs = $145 per foot x 150 ft = $21, 750 • Paving costs = $33. 5 per foot x 150 ft = $5, 025 Total Extension costs = $26, 775 Total Walkway costs =$214, 200

Prospective Use

Poll of Siena Community Poll of the Siena Campus Sample size: 30 • 97% were unaware of the park • 63% were interested in utilizing the park Approximately 2, 200 people 53% were interested in recreational benefits 47% were interested in aesthetic benefits

Charts

Benefits Exercise Benefit Formula # of users*% using*individual savings*used months 2, 200 *. 53 * 330 * 6/12= $192, 000 Aesthetic Benefit Formula Contingent value*% using*# of users 11. 5 * . 47 * 2, 200= $12, 000

Property Valuation & Taxes

Property Valuation Justifications: easy access, utilization of the parks is desired for safe living within a community’s recreational area Single family homes adjacent to a trail: • 29% say existence of the trail increase the selling price of their home. • 57% of residents say that the trail make the home easier to sell • 29% were positively influenced by the trail near the home they bought

Taxes Zoning • Zone 1: 10 -15% increase Includes 15 houses • Zone 2: 5 -10% increase Includes 15 houses Taxes cancel out • Physical Expense • Intrinsic Benefit

Zone Map