File #: RES. NO. 23-14    Name:
Type: Resolution Status: Agenda Ready
File created: 5/9/2023 In control: City Council - Regular Session
On agenda: 6/6/2023 Final action:
Title: A Resolution adopting the FY2024 - FY2028 Capital Improvement Plan
Attachments: 1. Resolution, 2. Supporting Document: FY24 CIP Combined 2023-05-25 (online), 3. Supporting Document: FY24 Public Comment Summary(Planning Commission), 4. Supporting Document: FY24 CIP Public Comments (Combined), 5. Supporting Document: PC presentation FY24 (supporting document)
Related files: 2023-5656, 2023-5593
A Resolution adopting the FY2024 - FY2028 Capital Improvement Plan

· The FY2024-2028 CIP includes projects and annual programs with estimated total costs of $624,332,000 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 FY2024-2028 CIP is attached for reference.
· A paper copy of the FY2024-2028 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 FY2024-2028 capital improvements plan (CIP) in accordance with the City of Lee’s Summit Charter.

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 need to maintain infrastructure systems and facilities based on infrastructure conditions. The 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. High priority projects from the No Tax Increase Bonds (NTIB) approved by voters in April 2023 have been included in these sections. An overall review of the information presented as part of voter education is included as an appendix to this CIP.
The plan is updated each year to remove completed projects, add new projects, and revise cost estimates and schedules of ongoing projects as appropriate. It is financially constrained to match anticipated expenditures with antici...

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