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Briana Bethel Glenn Bianco Kristin Carminati Scott Harvey Chris Welch Slide 2 Park Connector Park Enhancement Prospective Use Property Valuation and Taxes Slide 3 Slide 4 Crosswalk Push Button One single piece of sidewalk Slide 5 Push Button Crosswalk Single Section of Sidewalk Slide 6 Actual Crosswalk Signal Cost: $20,000 - $140,000 Motion detectors: $5,000 Park Sign Pathway linking crosswalk to park Signs Natural Path Slide 7 Slide 8 Slide 9 Slide 10 Slide 11 Slide 12 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 Slide 13 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 Slide 14 Slide 15 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 Slide 16 Slide 17 Slide 18 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 Slide 19 Slide 20 Justifications: easy access, utilization of the parks is desired for safe living within a communitys 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 Slide 21 Zoning Zone 1: 10-15% increase Includes 15 houses Zone 2:5-10% increase Includes 15 houses Taxes cancel out Physical Expense Intrinsic Benefit Slide 22