HomeMy WebLinkAbout7B 2017-2021 Capital Improvement Program PresentationAugust 22, 2016
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Continuation of the public hearing on the
proposed projects within the 2017-2021
CIP and Street Reconstruction Plan
Adopt three Resolutions
Capital Improvement Program
Capital Improvement Plan
Street Reconstruction Plan
Purpose
2
Transportation Plan
Equipment Replacement Plan
Park Plan
Technology Plan
Facilities Management Plan
Water Plan
Sewer Plan
Storm Water/Water Quality
Multi-Year Plans Included in CIP
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Moved CSAH 21 Bridge Deck replacement
to 2019
Moved CSAH 21 and CSAH 87 to 2020
Removed all Arcadia Ave. projects from
the plan except for the segment from
Colorado to Pleasant
Transportation Plan
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Financial Impacts
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Source Amount
MSA (625,000)
Tax Levy (1,276,500)
Special Assessment (940,000)
Water Fund (265,000)
Sewer Fund (230,000)
Storm Water Fund (230,000)
Total $(3,566,500)
Street Reconstruction Plan
(Subset of Transportation Plan)
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Year Improvement Project Type Total
Reconstruction
Bonding
Total Project
Cost
2017 Flashing Signal Conversion Partnership $75,000 $1,110,000
2019 CSAH 21 Bridge Deck Replacement Partnership $175,000 $875,000
2019 Fish Pt Road (Fawn Meadows to CSAH
21)Pavement/Rehab $600,000 $600,000
2019 CSAH 21/TH 13/Main Ave/Arcadia
Signal Partnership $500,000 $9,772,268
2020 CSAH 21 and CSAH 87 Partnership $350,000 $3,449,800
2021 Northwood Rd (Fremont to Knollridge)Pavement/Rehab $900,000 $900,000
Total $2,600,000 $16,707,068
Equipment Replacement Plan
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No Plan Changes
Historically replacements have been
managed to occur at the end of dependable
or useful life
All fleet recommended for replacement
have been through a condition evaluation
The City has been managing replacements
to balance financial impacts
Repair frequency, complexity, and cost has
been increasing as the fleet ages
Park Plan Changes
8
Eliminated all improvements to
structures within the Park system
including:
Replacements of all shelters
Remodeling of all building facilities
Savings of $500,000 reallocated to
General Fund Parks for EAB treatment
and tree removal starting in 2018
Debt Comparison
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Three Key Credit Indicators
GO Direct Debt Burden
GO Debt Outstanding Per Capita
GO Debt Outstanding
10 Cities Selected
Proximity
Growth
Population
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Impact of CIP –Tax Levy
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Impact of CIP –Tax Levy
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Projected Tax Levy
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1.Tonight –Continuation of Public
Hearing
2.Council Discussion and Final
Direction
3.Plan Adoption
Council Discussion
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