HomeMy WebLinkAboutB-2024-004 2025 Park Capital Fund 103-1103 AppropriationRESOLUTION B-2024-004
A RESOLUTION OF THE CARMEL/CLAY BOARD OF PARKS AND RECREATION
ADOPTING THE PROPOSED 2025 PARK CAPITAL FUND (103-1103) BUDGET
FOR CONSIDERATION BY ITS FISCAL BODIES
WHEREAS, the Carmel/Clay Board of Parks and Recreation (the “Park Board”) is a political
subdivision created and authorized to administer the Carmel/Clay Department of Parks and Recreation
(“the Department”) pursuant to that certain agreement entitled “Interlocal Cooperation Agreement”
signed by the respective authorized officials of Clay Township, Hamilton County, Indiana and City of
Carmel, Indiana on July 30, 2002 and effective January 1, 2003, as amended from time to time; and
WHEREAS, the Park Board, pursuant to the Interlocal Cooperation Agreement, is required to
prepare and submit an annual budget to the Common Council of the City of Carmel and Clay Township
Board; and
WHEREAS, Clay Township is obligated under the Interlocal Cooperation Agreement to provide
all Local Income Tax attributable to the Central Park Bond to the Park Board for capital improvement
projects park system wide with funds deposited into Park Capital Fund 103 (1103 Cash Account).
WHEREAS, the Park Board’s Finance Committee has reviewed the proposed budget to ensure
that it adequately meets the financial needs of the Department and recommends its approval.
NOW, THEREFORE, BE IT RESOLVED that the Carmel/Clay Board of Parks and Recreation hereby
adopts the proposed 2025 Park Capital Fund (103-1103) Budget as set forth in Exhibit A attached hereto
and incorporated herein by this reference for consideration by the Common Council of the City of
Carmel.
APPROVED AND ADOPTED by the Carmel/Clay Board of Parks and Recreation this 13th day of
August 2024, by a vote of 6 ayes and 0 nays.
CARMEL/CLAY BOARD OF PARKS AND RECREATION
Judith F. Hagan, President X
Aye Nay
Jenn Kristunas, Vice-President X
Aye Nay
Lin Zheng, Treasurer Absent
Aye Nay
Linus Rude, Secretary X
Aye Nay
Jonathan Blake X
Aye Nay
Docusign Envelope ID: 1826FDED-16C6-439B-9591-F2F8688579CD
Resolution B-2024-004 Page 2
Katie Browning Absent
Aye Nay
James D. Garretson X
Aye Nay
Joshua A. Kirsh Absent
Aye Nay
Mark Westermeier X
Aye Nay
CERTIFICATION
I certify under the penalties of perjury that the foregoing members of the Carmel/Clay Board of Parks
and Recreation voted as indicated above at a public meeting on August 13, 2024.
Judith F. Hagan, President
Docusign Envelope ID: 1826FDED-16C6-439B-9591-F2F8688579CD
CARMEL CLAY PARKS & RECREATION
2025 BUDGET
103-1103: Park Capital Township Fund
ACCOUNT 2025 BUDGET
CHANGE FROM
2024 BUDGET NOTES
CAPITAL OUTLAY
4462000 Other Structure Improvements $3,553,000.00 ($531,900.00)-13%
a) White River South Extension $628,000.00 Matching funds (Active Transportation
Infrastructure Investment Program)
b) White River North Extension $50,000.00 Supplemental Plantings for Overlook
c) Monon Community Center $375,000.00 Fitness Equipment ($200,000); Re-
plastering of Indoor Pools ($175,000)
d) Central Park Boardwalk $750,000.00 Replacement of Boardwalk (Wickcraft)
e) Thomas Marcuccilli Nature Park $250,000.00 Retaining Wall Repair; Mitigation Tree
Replacements
f) Founders Park $1,500,000.00 Retaining Wall Repair; Updated
Playground Surface; Fencing Upgrades;
Added Play Feature; Parking Lot Repairs
($1,000,000)
TOTAL CAPITAL OUTLAY $3,553,000.00 -
TOTAL EXPENSES $3,553,000.00 ($547,000.00)-13%
Resolution B-2024-004 Exhibit A Fund 103-1103 - Summary
Docusign Envelope ID: 1826FDED-16C6-439B-9591-F2F8688579CD