The playground will also have standard swing sets, heavy duty, with cushioned safety matting below, she said.
The playground should be ready for children sometime next year, Monahan said.
"Hopefully we can get this up and going soon so the kids of the town can enjoy it," she said.
Supervisor Kevin Geraghty also said the new playground, when complete, will offer a safe, challenging and fun place for children to play.
"I'm happy the original creative playground served its purpose, and now this grant enables us to build a new playground at a reasonable cost," he said. "We are very happy to receive the award, because the grant process was extremely competitive."
A memo from the state announcing the award noted that there were over 300 applications for similar grants from the Environmental Protection Fund, and only a fraction of the requests were granted.