TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Stephanie Katsouleas, Public Works Director
Steve Charelian, Finance Director
Prem Kumar, City Engineer
Libby Bretthauer, Senior Financial Analyst
Anna Luke-Jones, Senior Management Analyst
Marcelo Serrano, Management Analyst
SUBJECT:Title
Conduct Public Hearing Regarding the Proposed 5-Year Capital Improvement Plan for Fiscal Years (FY) 2020-2021 Through FY 2024-2025 (Public Works Director Katsouleas).
a) CONDUCT PUBLIC HEARING
b) ADOPT RESOLUTION NO. 20-0077
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Recommended Action
RECOMMENDATION:
Staff recommends that City Council a) conduct a Public Hearing; and b) adopt Resolution No. 20-0077 approving the 5-Year Capital Improvement Plan (CIP) for Fiscal Years (FY) 2020-2021 through FY 2024-2025.
EXECUTIVE SUMMARY:
The City of Manhattan Beach is committed to ensuring a well-maintained and up-to-date physical infrastructure. This is achieved by planning for and implementing a robust Capital Improvement Program, one that addresses physical assets throughout the City, including streets and other rights-of-way facilities, water and sewer infrastructure, public buildings, parks and open space, and community amenities.
This staff report includes a comprehensive summary of 115 capital projects and studies included for final adoption in the upcoming 5-Year CIP, for a total FY 2020-2025 proposed budget of $147,840,428. Notably, the proposed 5-Year CIP includes only one new project. The remaining 114 projects were either included in the 2019 5-Year CIP or added during FY 2019-2021 through City Council action. The attached document summarizes the planned expenditures for the CIP's 115 projects, and identifies a variety of budgetary changes proposed since the FY 2019-2020 CIP expenditure plan was adopted, inclusive of:
- Adding funding for annual projects in FY 2024-2025;
- Adding capital projects that were appro...
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