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<br />April 25. 2006
<br />
<br />Discussion:
<br />. Public hearings have been held on April 11 and April 18, 2006 to receive public
<br />comments on the five-year CIP, and on funding for year one of the CIP.
<br />. Years 2007 through 2011 of the CIP are un-appropriated years used for long-
<br />term planning purposes and are approved as planning years.
<br />. Financial Impact: The sums of $49,080,185 in the Capital Improvement Fund
<br />and $17,325,000 in the Public Utilities Capital Improvement Fund is appropriated for
<br />expenditures in the following categories and amounts:
<br />o Capital Improvement Fund:
<br />· Drainage and Street Improvements
<br />· Education
<br />· Industrial and Economic Developments
<br />
<br />$16,802,265
<br />$15,647,420
<br />$ 3,387,500
<br />
<br />.
<br />
<br />Leisure Services
<br />Public Safety
<br />Municipal Facilities
<br />Total Capital Improvement Fund
<br />Public Utilities Capital Improvement Fund
<br />
<br />$ 850,000
<br />$ 350,000
<br />$12,043,000
<br />$49,080,185
<br />$17,325,000
<br />
<br />.
<br />
<br />.
<br />
<br />o
<br />o
<br />
<br />Staff Recommends:
<br />Adoption of an ordinance to appropriate $49,080,185 in the Capital Improvement Fund
<br />and $17,325,000 in the Public Utilities Capital Improvement Fund for the Fiscal Year
<br />beginning July 1, 2006 and ending June 30, 2007. Vision Principles: Bold New
<br />Directions, World Class Maritime Center, Neighborhood and Community
<br />Transformation, A Robust and Prospering Economy, Lifelong Learning, and Pride of
<br />Past, Promise of Future.
<br />
<br />Next Steps Following Council Action:
<br />. The City Manager has ultimate responsibility and authority for the implementation
<br />of the Capital Improvement Program. The Chief Financial Officer has day-to-day
<br />responsibility for ensuring the CIP is spent as appropriated by City Council.
<br />
<br />Motion by Ms. Psi mas, and seconded by Mr. Heretick, to adopt the following
<br />ordinance.
<br />
<br />Substitute motion by Mr. Whitehurst, and seconded by Mr. Moody, to renovate
<br />the existing court house building and to also forego the allocation of $500,000 to
<br />remove asbestos from the Navy YMCA, and was denied by the following vote:
<br />
<br />Ayes: Moody, Whitehurst
<br />Nays: Heretick, Psi mas, Randall, Smith, Holley
<br />
<br />Motion by Ms. Psi mas, and seconded by Mr. Heretick, to adopt the following
<br />ordinance, and was adopted by the following vote:
<br />
<br />"ORDINANCE TO APPROPRIATE $49,080,185 IN THE CAPITAL IMPROVEMENT
<br />FUND AND $17,325,000 IN THE PUBLIC UTILITIES CAPITAL IMPROVEMENT
<br />FUND."
<br />
<br />Ayes: Heretick, Moody, Psi mas, Randall, Smith, Whitehurst, Holley
<br />Nays: None
<br />
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