Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving The Five-Year FY 2015-2019 Capital Improvement Program As Set Forth In Exhibit A For Projects Funded From Pay As You Go Funding, Parking Enterprise Fund, Water And Sewer Renewal, Replacement And Improvement Reserve, Stormwater Enterprise Fund, State Revolving Fund Loans, And Other Sources.
Body
Staff Recommends: Approval of the Resolution.
Explanation:
Each year the City Commission approves a Five-Year Capital Improvement Program identifying projects to be funded through a variety of sources. The Program includes projects that address safety and health issues, legal commitments, contractual obligations, and community priorities.
This Capital Improvement Program represents the first year of a five-year program. Capital projects are authorized on an annual basis; therefore this resolution authorizes funding for FY2015 projects. Projects in FY2016 - FY2019 are unfunded and may change depending on priority and availability of funds. This exhibit includes rollover funding for open and ongoing projects which was previously approved via R-2014-301.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, Interim City Manager
Matthew Lalla, Financial Services Director