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Ord 083-2007 9/18/2007 ORDINANCE NO. � J � �7 ORDINANCE ADOPTING THE FIVE YEAR CAPITAL IMPROVEMENT PLAN FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2007 AND ENDING SEPTEMBER 30, 2012; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS ORDINANCE WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The 2007/08 to 2011/12 Capital Improvement Plan which inciudes budget estimates of the revenues and expenses for completing capital projects outlined in this plan, as submitted to the City Council by the City Manager, is hereby adopted and approved. SECTION 2. Project costs and associated funding sources listed in the 2007-08 fiscal year of the Five Year Capital Improvement Plan formulate the approved capital improvement budget. Project costs and associated funding sources for the remaining fiscal years of the Five Year Capital Improvement Plan are for planning purposes only, and are not approved for funding by Council adoption of this document. SECTION 3. It is hereby officially found and determined that the meeting at which this ordinance was passed was open to the public as required by law. PASSED AND APPROVED this the 18th day of September, 2007. � MAYOR ATTEST: � City Clerk City of Wichita Falls, Texas Summary of All Capital Project Costs 2007-08 to 2011 Pra +actad:Fin �d�l Plar� OiA� 0�109 09fit1 10f11 11M� Totsi Project Cost: Bldgs and General Facilities $ 349,430 $ 351,950 $ 209,100 $ 257,000 $ 690,�00 $ 1,857,480 Health $ 30,100 $ 30,100 $ 85,960 $ - � - $ 146,160 Technology $ 5,129,2�7 $ 638,000 $ 913,000 $ 567,�00 $ 362,500 $ 7,610,257 Public 5afety $ 277,000 $ 127,500 $ 332,000 $ 332,000 $ 332,000 $ 1,400,500 Parks $ 135,900 $11,148,0�0 � 6,380,220 $ 7,000,000 $ 7,000,000 $ 31,664,120 Traffic System $ 219,�49 $ 304,314 $ 275,872 $ 291,207 $ 281,770 $ 1,372,712 Fleet Replacements $ 3,029,000 $ 3,647,160 $ 3,659,630 $ 3,647,210 $ 3,700,000 $ 17,683,000 Airports $ 1,111,111 $ 2,196,361 � 5,631,111 $ 6,611,111 $ 6,500,000 $ 22,049,694 Transit System $ 190,000 $ 190,000 $ - $ - $ - $ 380,�00 Street System � 1,600,000 $11,105,750 $ 9,950,�00 $10,25�,000 $ 9,787,��0 $ 42,693,2�0 Water System $ 1,350,000 $ 3,668,0�0 � 6,262,700 $ 3,091,170 $ 4,195,000 $ 18,566,870 Wastewater System $ 675,000 $ 1,110,000 $ 2,�a80,000 $ 3,080,000 $ 9,330,000 $ 16,775,000 Sanitation System $ 915,000 $ 8�7,216 $ 1,63D,�00 $ 365,000 $ 400,000 $ 4,167,216 Drainage System $ 7,255,350 $ 893,500 $ 1,02�,000 $ 1,021,000 $ 2,367,200 $ 12,562,�5� Multi-Purpose Events Center $ - $ 785,000 $ 430,�00 $ 375,000 $ 1,220,000 $ 2,810,000 Total $22,266,697 $37,0�2,8�1 $39,364,593 $36,888,198 $46,165,970 $ 181,738,309 Sources of Funding: General Operating Funds $ 3,104,669 $ 4,338,164 $ 3,796,152 $ 3,047,707 $ 3,266,270 $ 17,552,962 Fleet Operating Funds $ 1,674,000 $ 1,947,160 $ 1,959,630 $ 1,947,210 $ 2,DDO,ODO $ 9,528,0�0 Sanitation Operating Funds $ 2,11�,000 $ 2,557,216 $ 3,33�,000 $ 2,065,000 $ 2,1�0,0�0 $ 12,162,216 Airport Operating Funds $ 111,111 $ 382,424 $ 344,92d $ 111,111 $ 111,111 $ 1,060,681 WaterlSewer Operating Funds $ 2,185,�00 $ 2,828,000 $ 2,932,7�0 $ 2,141,170 $ 1,60� $ 11,691 ,870 Stormwater Operating Funds $ 1,255,350 $ 893,500 $ 1,02�,000 $ 1,021,000 $ 2,367,200 $ 6,562,050 4B Sales Tax $ 4,649,867 $ 785,000 $ 430,DOD $ 375,000 $ 1,220,000 $ 7,459,867 General City Bond Issue $ - $19,380,750 $1�,246,187 $21,150,000 $20,576,389 $ 76,353,326 WaterfSewer Revenue Bond Issue $ - $ 1,9�0,000 $ 5,910,000 $ 4,030,00� $11 ,920,0�0 $ 23,810,000 Stormwater Revenue Bond Issue $ 6,000,�00 $ - $ - � - $ - $ 6,000,000 TXDOT Transit Grant Funds $ 24,700 $ 24,700 $ - $ - $ - $ 49,400 FAA Primary Grant Funds $ 1,000,000 $ 1,OOO $ 1,OOD,000 $ 1,000,000 $ 1,000,000 $ 5,000,000 FAA Non-Primary Grant Funds $ - $ - $ 450,000 $ - $ - $ 450,000 17{DOT Airport CIP Grant Funds $ - $ 813,937 $ 2,940,000 $ - $ - $ 3,753,937 FTA Grant Funds $ 152,000 $ 1�2,000 $ - $ - $ - $ 304,000 Total $22,266,697 $37,052,8�1 $39,364,593 $36,888,198 $46,16�,970 $ 181,738,309 Combined 5 Year Estimated Funding Sources 4B Sales Taxes� Grant Funds, Revenue Bonds Operating Reuenue General City Bonds