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October, 2016 <br />PROJECTED CAPITAL NEEDS FOR CRA AREA <br />Description <br />Cost <br />Land Acquisition — <br />Purchase property around Quail Pond Circle and extend <br />$1,500,000 <br />Expansion of Lake <br />the existing Lake Concord Park to the north and east of <br />Concord Park <br />City Hall <br />Land Acquisition — <br />Purchase property at key locations to aggregate properties <br />$2,000,000 <br />Key Commercial <br />and participate in another Public/Private Partnership to <br />Properties <br />develop those properties <br />Parking Structure at <br />Design and build a parking garage to provide parking for <br />$4,500,000 <br />Lake Concord Park <br />employees of the city, residents, and local businesses <br />Lemon Lane Signal <br />A signalized intersection at Lemon Lane and US <br />$1,500,000 <br />Highway 17-92 <br />Decorative Light <br />Installation of decorative light poles along US Highway <br />$4,000,000 <br />Poles <br />17-92 <br />Development <br />Create incentives for new development within the District <br />$500,000 <br />Incentives <br />Pedestrian Bridge <br />Design and build a pedestrian bridge over US Highway <br />$3,000,000 <br />17-92 <br />Gateway Signs <br />Monument signs at key locations along SR 436 and US <br />$250,000 <br />Hi hwa 17-92 <br />Events Center <br />Create a civic space where residents can gather and host <br />$3,000,000 <br />events <br />Total Projected Capital Needs for the CRA <br />$20,250,000 <br />Casselberry CRA Extension <br />Page 3 <br />