Title
Approving a revised financial summary document for the 5-year Capital Improvement Plan (CIP) for FY 2012-2016.
Summary
The purpose of this item to is approve a revised financial summary for the 5-year CIP program effective for FY 2012-2016 based on direction provided staff on July 12, 2011. At the City Council regular session, the City Council took action to approve the staff's recommendation concerning the 5-year Capital Improvement Program to include constructing Kelly Lane as a four-lane divided section from Murchison Ridge Trail to Falcon Pointe Boulevard West and constructing two lanes of the planned four-lane divided section of Colorado Sand Drive from Kelly Lane to the FM 685 overpass to include roadway sections connecting to the Hendrickson High School and Murchison Elementary School driveways; deferring construction of the North/South Connector through the PISD and Bohls Tracts until development of the area occurs. The attached document for the City Council's consideration and action provides the fiscal detail associated with the 5-year Capital Improvement Program.
The general fund fiscal 5-year pro forma does not include any additional issuances of debt for roadways or any other purpose for that time period.
Status
Staff is developing an action plan to move forward with completion of the construction plans and bidding for the E. Pflugerville Parkway project between FM 685 and SH 130. A Request for Qualifications (RFQ) is being drafted to select a firm for the engineering and design of Colorado Sand and related improvements between FM 685 and Kelly Lane.
Prior City Council Action
This item was previously discussed on May 24, 2011 and action was taken on July 12, 2011.
Deadline for City Council Action
Action to approve the financial summary document for the for the 5-year Capital Improvement Plan for FY 2012-2016 is requested on July 26, 2011.
Fiscal Impact
There is no fiscal impact to the general fund to complete the identified project, ...
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