Title
A Resolution adopting the FY2025 - FY2029 Capital Improvement Plan (CIP) in accordance with the City of Lee’s Summit Charter.
Body
Issue/Request:
· The FY2025-2029 CIP includes projects and annual programs with estimated total costs of $739,311,000 over the five-year period.
· The City's 5-year CIP is updated each year with the first year of expenditures adopted as part of the next fiscal year budget.
· The City Charter requires City Council to adopt the CIP by resolution.
· An electronic version of the FY2025-2029 CIP is attached for reference.
· A paper copy of the FY2025-2029 CIP is also available in the City Clerk's Office for viewing.
Proposed City Council Motion:
I move for adoption of a Resolution adopting the FY2025-2029 Capital Improvement Plan (CIP) in accordance with the City of Lee’s Summit Charter.
Background:
The City's 5-year Capital Improvement Plan (CIP) serves as a planning document that incorporates both project and financial planning for infrastructure improvements throughout the city. The plan is organized into eight categories.
The first category plans large-scale, capital maintenance programs needed to maintain infrastructure systems and facilities based on infrastructure conditions. These programs include Public Works, Water Utilities and the Building Equipment Replacement Program (BERP) Programs. The remaining seven categories plan construction work to add or replace infrastructure. The categories include Airport; Bridges, Streets & Signals; Facilities; Parks & Recreations; Stormwater; Sanitary Sewer; and Water. Each category includes tables summarizing the programs and projects, annual expenditures and fiscal year programming projections. New for the FY25 CIP is are categorical summaries depicting project schedules in a simple pre-construction and construction calendar year timeline. Projects from the No Tax Increase Bonds (NTIB) approved by voters in April 2023 have been included in these sections. Tables contain...
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