COUNCIL COMMUNICATION
TO: Honorable Mayor and Council
FROM: Tabatha Miller, Administrative Services Director
SUBJECT:Title
Adopt Resolution No. 17-3146 Adopting the Five-Year Community Investment Program (CIP) for Fiscal Years 2018-2022
Body
FUNDING SOURCE:
Various Departments
PURPOSE:
The Five-Year CIP Program is used as a planning guide for scheduling and development of capital facilities for the ensuing five-year period.
BACKGROUND:
City Code Section 2.70.040 requires that City Council adopt by Resolution the CIP prior to the adoption of the City’s annual budget. The City’s annual budget is scheduled for final adoption on June 27, 2017. This section of the City Code also requires a notification be published at least one time in the local newspaper which states the times and places where copies of the CIP can be viewed, not less than two weeks after publication, for a public hearing on such program. This notice was published in Today’s News-Herald on May 28, 2017.
Since the April 27, 2017 CIP Work Session, a total increase to the first year of the five-year plan in the amount of $1,346,027 was identified. The increase includes $870,000 for CIP Project #WT3080 2016 Water Main Replacement (carry forward), $276,027 for Project #SS2970 Water Conservation Implementation, and $200,000 for Project #ST3280 McCulloch from Smoketree to Acoma. All of these changes were presented to Council at the May 16, 2017 Budget Work Session and are included in the Five-Year Community Investment Program total.
COMMUNITY IMPACT:
Development of a five-year CIP plan allows for adequate planning of resources to meet future infrastructure and maintenance needs.
FISCAL IMPACT:
The Five-Year Community Investment Program total is $104,517,662.
ATTACHMENTS:
Resolution No. 17-3146
Exhibit A - 2018-2022 Community Investment Program
SUGGESTED MOTION:Recommended Action
I move to adopt Resolution No. 17-3146 adopting the Five-Year Community Investment Program for Fiscal Years 2018-2022.