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8.1 2003 CIP CITY OF SALINA REQUEST FOR CITY COMMISSION ACTION OATE 2/10103 TIME 4:00 P.M. AGENOA SECTION NO: ORIGINATING OEPARTMENT: APPROVEO FOR AGENOA: 8 CITY MANAGER ITEM NO. Page 1 ITEM: 1 BY: Oennis Kissinger By~1:- Resolution No. 03-5908 adopting an amended 2003 capital improvement plan. BACKGROUND: The City uses a 5-year Capital Improvement Program (C.I.P.) for project and fiscal planning purposes. Each individual year in the C.I.P. is considered separately with its own plan/project schedule. Each year's capital plan is updated as needed. The 2003 C.I.P. was last updated in August 2002, with the adoption of the 2003 budget. At a recent finance study session, staff reviewed the actual C.I.P. year-end 2002 results, and presented recommendations for update amendments to the 2003 plan. The attached 2003 C.I.P. includes recommended reductions in planned expenditures in some project categories, revisions based on updated cost estimates, some reallocation within funds, and some project transfers from cash financing to bond financing. The adjustments in the amended 2003 C.I.P. are summarized in the attached report. The 2003 C.I.P. will next be reviewed and updated this summer during the 2004 budget process. RECOMMENDED ACTION: Staff recommends approval of Resolution 03-5908, adopting an amended 2003 Capital Improvement Plan. Attachments February 10, 2003 2003 C.I.P. Recommended Adjustments from Original Budget 1. GENERAL FUND A. Entryways and Medians 0 Reduce from $75,000 to $30,000 B. C.I.P. Planning 0 Reduce from $50,000 to $25,000 C. Traffic Signal Upgrades 0 Reduce from $175,000 to $120,000 D. Bridge Construction - North 9th 0 Reduce from $115,000 to $0 (City share of project shifted to G.O. Bonds) E. Bridge Construction - lakewood 0 Reduce from $75,000 to $0 (City share of project shifted to G.O. Bonds) F. Municipal Court Completion 0 Add $100,000 for cash portion G. Capital Project Contingency 0 Increase from $100,000 to $315,000 2. GAS TAX FUND A. Street Repair Program 0 Reduce from $700,000 to $670,000 to reflect reallocation to Crawford/Front signal intersection upgrade project. (City cost share) B. Crawford/Front Intersection Upgrade 0 Add $30,000 to reflect reallocation for City share of project. KDOT share is $270,000. C. South Fourth Street Improvements 0 Reduce from $280,000 to $175,000 to reflect cost savings in actual project bids. D. Contingency 0 Increase from $0 to $105,000 due to cost savings in South Fourth Street Improvements. 3. SPECIAL PARKS FUND A. Park Improvements 0 Reduce from $100,000 to $50,000 B. Contingency 0 Increase from $0 to $50,000 4. G. O. BONDS A. Bridge Construction - North 9th 0 Include at $300,000 estimated city share B. Bridge Construction - lakewood 0 Include at $200,000 estimated city share C. Municipal Court Completion 0 Include at $300,000 estimated bond financing; to reflect reallocation from 2002 original bond/cash financing plan. 5. WATER AND WASTEWATER FUND A. Water Plant Controls 0 Add as cash project at $504,000 B. Water System Enhancements 0 Reduce from $650,000 to $550,000 to reflect reallocation to South Fourth Street improvements (water line upgrade). C. South Fourth Street Improvements 0 Increase from $0 to $100,000 to reflect water line upgrade cost, reallocated. from water system enhancements. 6. OTHER A. Crawford/Front Intersection Upgrade 0 Add $270,000 to reflect KDOT grant funds received after C.I.P. adoption last summer.