Title
Capital Program Update
Body
Summary and Background Information:
On November 5, 2013, Commerce City voters approved Issue 2K, which increased the city’s 3.5% sales and use tax by one percent to provide a dedicated funding source for new parks, recreation, and road projects. The dedicated increase is for capital expenditures as well as operations and maintenance on new projects. Commerce City committed to leverage the funding to build five projects in the next five years, including:
• New recreation center
• Expanded Tower Road
• New outdoor pool
• Three new neighborhood parks
• New additions to existing recreation center
The successful ballot initiative was the result of a two year, community-driven process to identify how to implement programs and services that address growing populations needs, achieve vision, and build a better Commerce City. Regular updates on the voter-approved program will be provided, coinciding with the quarterly administrative work plan updates. Quarterly updates will be supplemented with relevant monthly information in the city manager’s report to council.
The presentation is a series of quarterly presentations that outline how the city intends to follow-through on Issue 2K commitments, including:
• Program goals and objectives
• Program schedule
• Project phases
• Program task update (last 90 days)
• Program budget
• Action items for the next 90 days
Staff Responsible (Department Head): Jim Hayes
Staff Member Presenting: Scott Hergenrader, Capital Program Director, CH2MHill / i3 Integration consultant team
Financial Impact: N/A
Funding Source: N/A
Staff Recommendation: The presentation is for informational purposes only. No action is requested at this time
Suggested Motion: N/A