Park and Nature Trail

Briana BethelGlenn Bianco

Kristin CarminatiScott HarveyChris Welch

OutlinePark Connector

Park Enhancement

Prospective Use

Property Valuation and Taxes

Park Connector

Existing ConditionsCrosswalk

Push Button

One single piece of sidewalk

Push Button

Crosswalk

Single Section of Sidewalk

Additions/ImprovementsActual Crosswalk Signal

Park Sign

Pathway linking crosswalk to park Signs Natural Path

Signage

Park Enhancement

Walkway Around Pond1050 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 ExtensionWalkway Ends 150 ft short of parking lot2 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 = $26,775Total Walkway costs =$214,200

Prospective Use

Poll of Siena CommunityPoll 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

Charts

BenefitsExercise 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 ValuationJustifications:

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

TaxesZoning

Zone 1: 10-15% increase Includes 15 houses

Zone 2:5-10% increase Includes 15 houses

Taxes cancel outPhysical Expense Intrinsic Benefit

Zone Map