TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
|
Finance |
Chip Corder |
425-556-2189 |
DEPARTMENT STAFF:
|
Finance |
Kelley Cochran |
Deputy Finance Director |
TITLE:
title
2023-2028 Capital Investment Program (CIP): Water Utility, Wastewater Utility, and Stormwater Utility
OVERVIEW STATEMENT:
recommendation
At the June 28, 2022 study session, staff will briefly address follow-up items from the June 14, 2022 study session (2023-2028 CIP Review: General Government/Facilities, Parks, and Transportation) and will review the Utility projects/programs in the preliminary 2023-2028 CIP, which are organized as follows:
• Water Utility
o Existing projects/programs
o Revised projects/programs
o New projects/programs
• Wastewater Utility
o Existing projects/programs
o Revised projects/programs
o New projects/programs
• Stormwater Utility
o Existing projects/programs
o Revised projects/programs
o New projects/programs
Note that the 2023-2028 CIP is organized first by functional area and then by existing, revised, and new projects/programs:
• Existing projects/programs are included in the currently adopted 2021-2026 CIP, with the 2023-2028 CIP encompassing only inflationary cost adjustments, minor scope changes, and/or minor timing changes.
• Revised projects/programs are included in the currently adopted 2021-2026 CIP, with the 2023-2028 CIP encompassing significant cost, scope, and/or timing changes.
• New projects/programs are not included in the currently adopted 2021-2026 CIP. They are reflected in the 2023-2028 CIP for the first time.
All funded Utility projects/programs will be organized into summary tables in a PowerPoint presentation being developed by staff. Due to time constraints, staff will highlight selected projects/programs. However, the City Council will be able to ask questions about any project/program during the presentation.
A summary level handout is attached, which includes the following information for each project/program:
• Rank
• Project Name
• Location
• Description
• Timeframe
• Costs by Year
• Total Cost Prior to 2023
• Total Cost for 2023-2024
• Total Cost for 2025-2028
• Post 2028 Costs
• Project Total Costs
body
☒ Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
☐ Receive Information ☒ Provide Direction ☐ Approve
REQUEST RATIONALE:
• Relevant Plans/Policies:
N/A
• Required:
N/A
• Council Request:
N/A
• Other Key Facts:
The City develops a six-year CIP as part of the biennial budget process, with the first two years appropriated by the City Council.
OUTCOMES:
The six-year capital investment program provides a longer-term look at Redmond’s capital project needs and financial commitments for major maintenance programs and debt service, enabling the City to better align its capital activities with the Community Strategic Plan and the Comprehensive Plan and to accumulate funding for major capital projects over multiple years, if needed.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
• Timeline (previous or planned):
N/A
• Outreach Methods and Results:
N/A
• Feedback Summary:
N/A
BUDGET IMPACT:
Total Cost:
N/A
Approved in current biennial budget: ☐ Yes ☐ No ☒ N/A
Budget Offer Number:
N/A
Budget Priority:
N/A
Other budget impacts or additional costs: ☐ Yes ☐ No ☒ N/A
If yes, explain:
N/A
Funding source(s):
N/A
Budget/Funding Constraints:
N/A
☐ Additional budget details attached
COUNCIL REVIEW:
Previous Contact(s)
|
Date |
Meeting |
Requested Action |
|
6/14/2022 |
Study Session |
N/A |
Proposed Upcoming Contact(s)
|
Date |
Meeting |
Requested Action |
|
N/A |
None proposed at this time |
N/A |
Time Constraints:
N/A
ANTICIPATED RESULT IF NOT APPROVED:
N/A
ATTACHMENTS:
CIP Review Summary Handout: Utilities