DEPARTMENT: Transportation & Capital Improvements (TCI)
DEPARTMENT HEAD: Mike Frisbie, P.E.
COUNCIL DISTRICTS IMPACTED: Citywide
SUBJECT:
Briefing on the 2017-2022 Bond Program Status
SUMMARY:
This item will provide a briefing on the process and status of the 2017-2022 Bond Program, to include an update regarding the Community Bond Committee Process, the City Council's recommended list of Bond Committee community members; and, the Staff proposed projects for the $850 million 2017 Bond Program.
BACKGROUND INFORMATION:
The City's long term Debt Management Plan includes a General Obligation Bond Program every five years for the purpose of funding major capital infrastructure projects throughout the City. The last Bond Program was approved by voters in May 2012 consisting of five propositions with 140 projects. Over 92 percent of these projects are either complete or under construction.
The process used for the development of the 2012-2017 Bond Program was well received by the community. This process included the development of lists of projects recommended by staff, the assembly and appointment of Community Bond Committees for project recommendation, and final City Council approval of the project list for the public's consideration.
City Council in March 2016 B-session agreed upon the creation of five Community Bond Committees for a limited duration to serve in an advisory capacity with the responsibility of recommending to the City Council capital improvement projects to consider for possible inclusion within the proposed 2017-2022 Bond Program.
The five Community Bond Committees are as follows:
* Streets, Bridges & Sidewalks
* Drainage & Flood Control
* Parks & Recreation
* Facilities
* Neighborhood Improvements
Each Committee has three citizen appointments per City Council District and two citizens' appointments by the Mayor serving as Co-Chairs of the Committee for a total of 32 citizen representatives per Committee. The Mayor also appoin...
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