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06-02-26 City Council Meeting Packet
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06-02-26 City Council Meeting Packet
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6/8/2026 10:47:04 AM
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CIP Budget and Project Costs <br />2027 Capital Improvement Plan Budget -$2,900,000 <br />•$1,711,000: Bond Proceeds –Tax Levy <br />•$ 870,000: Bond Proceeds –Assessment Funded <br />•$ 319,000: Infrastructure Reserve Fund (409) <br />•CIP funding sources are tentative and subject to future adjustment, including inclusion of <br />Stormwater Fund as a source per recent Council discussion. <br />Preliminary Design Project Costs <br />•$83,625:Preliminary Design and Survey <br />•$22,816: Feasibility Report <br />•$25,000: Geotechnical Services -Authorize Administrator to sign an agreement in the not to <br />exceed amount, two proposals shall be solicited. <br />•Total Preliminary Design Fiscal Impact -$ 131,441
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