City of Coral Gables

File #: 18-7922    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/19/2018 In control: City Commission
On agenda: 9/25/2018 Final action: 9/25/2018
Enactment date: 9/25/2018 Enactment #: 2018-257
Title: A Resolution adopting the Capital Improvement Program for the five fiscal years from 2019 to 2023.
Attachments: 1. FY19 Cover Letter - Capital Improvement Program, 2. FY19 Resolution to approve FY19-23 Five-Year Capital Improvement Plan, 3. FY19-23 CIP - Projects & Priorities - Adopted - FINAL, 4. 2018-257

Title

A Resolution adopting the Capital Improvement Program for the five fiscal years from 2019 to 2023.

Body

On an annual basis, the City Manager prepares and submits to the City Commission a Five-Year Capital Improvement Plan (CIP) for the upcoming fiscal year (2019) and the four subsequent fiscal years (2020-2023).  The CIP is a comprehensive Plan that addresses short term and long term regulatory, structural, maintenance, quality of life and beautification needs.  The projects included in the 2019-2023 CIP have an estimated aggregate cost of $266,564,373.  This plan is made up of the following project categories and amounts: 

Capital Equipment Replacement/Upgrades              $13,561,298 Facility Repairs/Improvements                                   13,257,224 Historic Facility Improvements                                  16,280,119 Motor Pool Equipment Replacement/Additions         20,191,420 Parking Improvements                                                21,711,577 Parks & Recreation Improvements                             24,664,608 Public Safety Improvements                                       79,886,476 Transportation & right of Way Improvements            35,921,991 Utility Repairs/Improvements                                     41,089,660