Briana BethelGlenn Bianco

Kristin CarminatiScott HarveyChris Welch

Park Connector

Park Enhancement

Prospective Use

Property Valuation and Taxes

• Crosswalk

• Push Button

• One single piece of sidewalk

Push

Button

CrosswalkSingle Section of

Sidewalk

• Actual Crosswalk Signal

• Park Sign

• Pathway linking crosswalk to park

Signs

Natural Path

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 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

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

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

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

Zoning• Zone 1: 10-15% increase

Includes 15 houses

• Zone 2:5-10% increase

Includes 15 houses

Taxes cancel out• Physical Expense

• Intrinsic Benefit