The Capital Improvement Program (CIP) 2025 and Beyond
The capital plan (CIP) projects for 2025 total $18.3m. Over the next 6 years, the CIty plan has $191m of projects that will require about $60m of debt to be issued.
The capital plan (CIP) projects for 2025 total $18.3m. Over the next 6 years, the CIty plan has $191m of projects that will require about $60m of debt to be issued.
The City Manager proposed funding the $20+ million cost of adding sewage capacity with City funds and $14.3 million bond issuance. City Council asked why growth isn’t paying for growth, what other options.
Approved and coming mixed-use projects prompted negotiations to increase sewage processing capacity. The City Manager surprised Council with an estimate of $19.3m.