Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Finance Department / Danielle BemisĀ 
Resolution 22-330
ITEM 4.E.
Council Action: 12/19/2022
Description

Resolution approving the City of Council Bluffs FY24-FY28 Capital Improvement Program (CIP).

 

 

 

 

 

 

Background/Discussion

The City of Council Bluffs has established this time and place for a public hearing on the approval of the FY24-FY28 CIP.

 

The purpose of the CIP is to provide the City Council with a framework upon which to base improvement decisions, provide the City staff with direction as to its work efforts, and provide the citizens with information about the City's future intentions as it relates to the capital improvement program. 

Recommendation

The Planning Commission found that the proposed FY24-FY28 CIP was consistent with the Bluffs Tomorrow: 2030 Plan. The City is requesting approval of the FY24-FY28 CIP plan with the understanding the primary focus is FY24 projects and the subsequent years will be re-evaluated on an annual bass, determined by future financial availability, strategic needs and timing. 

 

This also satisfies Step 1 of the General Obligation (GO) Bonding Process, which is to conduct a public hearing to approve the FY24 projects earmarked for GO Bonds. Approval of the CIP will allow the City to move forward in the GO Bond process to issue debt, funding specific projects outlined.

ATTACHMENTS:
DescriptionTypeUpload Date
FY24-FY28 CIP PacketOther12/14/2022
Resolution 22-330Resolution12/14/2022