Dear Cary Park District Residents,
The Park District just completed a cooperative project with the Village of Cary to reconstruct the Community Center parking lot and the section of Briargate Road in front of the Community Center. The parking lot is complete with a new layout, more parking spaces, and curbs and crosswalks providing safer access when crossing the street from the parking lot to the Community Center.
As we prepare to enter into the agency’s next fiscal year, that will begin in May, the Board of Commissioners has decided to hold the line on taxes for the upcoming year. Approximately $70,000 in additional tax dollars is available to the District by way of the growth in the Consumer Price Index. Since the capital project program for the District will be light this coming year, the Board decided to abate, or not seek these additional dollars, from taxes. In addition, the Park District refinanced $6,995,000 in General Obligation Bonds and debt certificates that were issued for park space acquisitions and developments in 2003, 2004, and 2005.
Early projections indicated that the savings would be approximately $240,000. However, the actual savings incurred was $759,000 far exceeding our expectations and keeping the maturity schedule of the debt the same. The savings will be realized over time and will free up additional financial resources to be reinvested into the District in future years.
As the New Year approaches we invite you to kick off your New Year in a healthy way and take advantage of Fitness Center and group fitness specials. From January 5 – 11, 2014, we will be offering a free week at our Fitness Center and for our group fitness classes. We will also be offering a discount on Fitness Center memberships in January and on group fitness punch cards. Also, when browsing through the brochure, please look for the bird symbol indicating our early bird rates on select classes. Register by the deadline and save money.
I wish you and your family a happy and healthy New Year!
Park Board President