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10.3. SR 11-02-2015
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10.3. SR 11-02-2015
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10/30/2015 11:02:06 AM
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developer's fee, EDA tax levy, city development fund, and budgeting an annual amount related to <br /> wayfinding as a line item levy. <br /> • Peaking Plantpayment <br /> From 2010 and thru 2014, the city received payment from GRE for hosting the peaking plant. This <br /> amount is coded to the GRE Reserve Fund but tracked separately. Several one-time capital expenditures <br /> have been coded against this revenue including;Ice Arena bond payoff, downtown parking lot acquisition <br /> and Bailey Point grant match. <br /> Other items <br /> The city and ERMU both share a wellness room for employees. The equipment is outdated and in some <br /> cases obsolete and in need of replacement. A wellness room committee,which was chaired by Patrol <br /> Captain Darren McKernan,has provided recommendations on various replacements with the goal of <br /> increased room usage and ease of use that provides a full range of workouts. The estimated cost is just <br /> over $24,000 from 2nd bind with ERMU providing half of the funding and the remaining city <br /> contribution coming out of the Capital Outlay Reserve Fund. <br /> The public safety departments will need to replace their portable radios in the next couple of years, and <br /> absent any grant funding, this will be a significant expenditure. We will be proposing at the end of the <br /> year if any remaining surplus beyond our reserve requirements exists, and after the quiet zones and other <br /> recommendations, that funds start being set aside for these replacements in the next few years as they are <br /> added to future CIP updates. <br /> Next meeting: <br /> Final prepared document will be approved on December 21, 2015. <br /> Financial Impact <br /> N/A <br /> Attachments <br /> ■ 2016-2020 Capital Improvement Plan Worksheets <br /> N:APublic Bodies\Agenda Packets\11-02-2015\x10.3 sr CIP.docx <br />
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