Title
Amended FY11 - FY15 Capital Improvement Plan (B)
This item relates to amending the FY11 - FY15 Capital Improvement Plan.
Explanation
During the initial year of each two-year budget process the City Commission adopts a Five Year Capital Improvement Plan. The FY11 - FY15 Capital Improvement Plan was adopted by the Commission during the FY11& FY12 budget hearings last summer.
During the April 21, 2011 meeting the City Commission directed staff to amend the FY11 - FY15 Capital Improvement Plan by:
----Moving the Main Street Streetscape Project form FY15 to FY11/FY12. The change in the scheduling of the project would be funded through cost savings recognized on completed roadway construction and reconstruction projects, and
----Adding the NE 2nd Street project in FY15. This project would be funded from the FY15 monies originally identified in FY15 for the Main Street Streetscape project.
The Commission also asked staff to explore the possibility of accelerating the design portion of the NE 2nd Street Project to FY11/FY12. Interest earnings and unappropriated bond proceeds from the Series 2002 FFGFC Bond Fund and Series 2009 Capital Improvement Revenue Notes are potential sources of funds to accommodate the advanced timing of this project if so directed by the City Commission.
Staff is requesting that an adjustment to the GPD Headquarters Campus Project be considered as we amend the FY11 - FY15 Capital Improvement Plan. The original scope of the project project consisted of several parts:
----Land acquisition,
----Construction of a new Headquarters Annex Building,
----Renovation of the existing Administration Building (721 Building),
----Construction of a Community Meeting Facility, and
----Refurbishment of an acquired concrete block building for a Firearms Training Facility.
Due to budgetary constraints, the project scope has been scaled down, and construction of the Community Meeting Facility is no longer being considered. To...
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