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12-09-2024 Council Meeting Agenda Packet
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12-09-2024 Council Meeting Agenda Packet
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12/11/2024 4:45:36 PM
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City Council
Council Document Type
Council Packet
Meeting Date
12/09/2024
Council Meeting Type
Regular
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Capital Improvement Project <br />2025 through 2029 <br />PROJECT # CD-201 <br />PROJECT NAME: Wetland Bank #3 <br />Project Year: <br />2025 <br />Department: <br />Storm Water <br />Program: <br />Community Development <br />Project Type: <br />Utility Trunk <br />Useful Life (Years): <br />30 <br />Contact Person: <br />Community Development Director <br />Project Description: <br />Land acquisition and Construction <br />Project Justification: <br />Establish wetland bank for preservation of open space, credit sale and use on City projects. Credit sales used to offset <br />project costs as part of Natural Resource Revolving Fund. Also serves as stormwater/flood mitigation retention area for <br />NE Drainage Area <br />Funding Sources <br />FY2025 FY2026 FY2027 FY2028 FY2029 Total <br />Surface Water Management Fund (422) <br />$3,326,000 <br />$97,500 <br />$161,000 <br />$161,000 <br />$150,000 <br />$3,895,500 <br />Total <br />$3,326,000 <br />$97,500 <br />$161,000 <br />$161,000 <br />$150,000 <br />$3,895,500 <br />Expenditures FY2025 FY2026 FY2027 FY2028 FY2029 Total <br />Infrastructure $3,326,000 <br />Total $3,326,000 <br />$97,500 <br />$161,000 <br />$161,000 <br />$150,000 <br />$3,895,500 <br />$3,895,500 <br />$97,500 <br />$161,000 <br />$161,000 <br />$150,000 <br />85 <br />
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