15-1383 Adopting Five Year Capital Improvement Program for Fiscal Years 2017, 2018, 2019, 2020 and 2021RESOLUTION NO. 15-1383
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
LONGWOOD, FLORIDA, ADOPTING A FIVE YEAR CAPITAL
IMPROVEMENT PROGRAM FOR THE FISCAL YEARS 2017, 2018,
2019, 2020, AND 2021 PURSUANT TO THE REQUIREMENTS OF
SECTION 6.07 OF THE LONGWOOD CITY CHARTER, PROVIDING
FOR EFFECTIVE DATE.
WHEREAS, Section 6.07 of the City Charter requires that the City Commission adopt a Five
Year Capital Improvement Program on or before the last day of the current fiscal year and;
WHEREAS, the City Commission has prepared a Five Year Capital Improvement Program
for Fiscal Years 2017, 2018, 2019, 2020 and 2021; and
WHEREAS, a general summary of the Five Year Capital Improvement Program has been
published in the Sanford Herald on September 6, 2015, stating the times and places where copies of the Capital
Improvement Program are available for inspection by the public, and the time and place for the public hearing;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF LONGWOOD, FLORIDA, AS FOLLOWS:
1: That a Five Year Capital Improvement Program for Fiscal Years 2017, 2018, 2019, 2020
and 2021 as indicated on "Exhibit A", is hereby adopted.
2: That "Exhibit A", containing the Five Year Capital Improvement Program, is hereby attached
and made a part of this resolution by reference thereto.
PASSED AND ADOPTED THIS �� s�AY OF 2015.
J�7:�
Joseph Durso, Mayor
ATTEST:
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'ch lle rXjo i r
Approved as to form and legality for the use and reliance of the City of Lie Florida, only.
Resolution 15-1383- Exhibit A
CITY OF LONGWOOD - CAPITAL IMPROVEMENT PROGRAM - FISCAL YEARS 2017-2021
FINANCING METHOD
FY 2016117
FY 2017118
FY 2018119
FY 2019120
FY 2020121
TOTAL
PUBLIC FACILITIES IMPROVEMENT FUND
AD VALOREM TAXES,
$ 1,345,000
$ 1,235,000
$ 1,035,000
$ 1,025,000
$ 1,025,000
$
5,665,000
ONE CENT SALES TAX,
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
PARKS CAPITAL IMPROVEMENT
AD VALOREM TAXES
725,000
800,000
0
340,000
0
$
1,865,000
STORMWATER CAPITAL IMPROVEMENT
STORMWATER FEES
400,000
300,000
200,000
200,000
200,000
$
1,300,000
PUBLIC UTILITIES FUND / WATER
PUBLIC UTILITIES
425,000
425,000
425,000
425,000 0
1,225,000
$
2,925,000
PUBLIC UTILITIES FUND / WASTEWATER
FUND REVENUES
625,000
725,000
275,000
825,000
525,000
$
2,975,000
TOTAL CAPITAL IMPROVEMENT PROGRAM
$ 3,520,000
$ 3,485,000
$ 1,935,000
$ 2,815,000
$ 2,975,000
$ 14,730,000