TITLE
The Mayor and City Council shall discuss and take action on approving the addition of the Field House Project to the FY23-24 Capital Improvement Plan, and the reallocation of $10,000,000 from Bond24 Public Works Capital Project funds to fund this project. Discussion and Action.
AGENDA ITEM DESCRIPTION
The funding request for this project is the initial amount needed to begin the project. As the project design nears completion, the engineer’s cost estimate will provide City staff with the information needed to submit accurate construction pricing estimates as part of the FY25 CIP process.
The project is recommended to be funded in this fiscal year, FY24, in the amount of $10,000,000 by reallocating funds from Bond24 Public Works Capital Projects, Street Projects-Capital (33256161-67750).
This item will be presented by Public Works Director Keith Brown.
STAFF RECOMMENDATION
Staff recommends approval of the reallocation of $10,000,000 from Bond24 Public Works Capital Project budget funds (33256161-67750) and to add the Field House Project into the FY23-24 Capital Improvement Plan.