20-1542 Five Year Capital Improvement ProgramRESOLUTION NO. 20-1542
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA,
ADOPTING A FIVE YEAR CAPITAL IMPROVEMENT PROGRAM FOR THE FISCAL
YEARS 2021, 2022, 2023, 2024 AND 2025 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 2021,
2022, 2023, 2024 and 2025; and
WHEREAS, a general summary of the Five Year Capital Improvement Program has been published in the Sanford
Herald on September 6, 2020, 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 2021, 2022, 2023, 2024 and 2025 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 215Y DAY OF SEPTEMBER 2020.
Richard Drummond, Mayor
ATTES
elle Longo, C , FC erk
Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only.
Daniel Langle , y A r
Resolution 20-1542- Exhibit A
CITY OF LONGWOOD- CAPITAL IMPROVEMENT PROGRAM - FISCAL YEARS 2021-2025
FINANCING METHOD
FY 2020121
FY 2021122
FY 2022123
FY 2023124
FY 2024125
TOTAL
PUBLIC FACILITIES IMPROVEMENT FUND
AD VALOREM TAXES,
$ 4,526,611
$ 895,000
$ 1,445,000
$ 1,295,000
$ 2,220,000
$ 10,381,611
ONE CENT SALES TAX,
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
AD VALOREM TAXES,
CAPITAL PROJECTS FUND
GRANTS
4,228,929
1,987,283
1,141,770
3,858,465
1,657,301
$ 12,873,748
STORMWATER CAPITAL IMPROVEMENT
STORMWATER FEES
511,000
1,000,000
360,000
350,000
350,000
$ 2,571,000
PUBLIC UTILITIES FUND / WATER &WASTEWATER
FUND REVENUES
7,726,800
2,773,540
7,208,500
4,865,800
16,566,800
$ 39,141,440
TOTAL CAPITAL IMPROVEMENT PROGRAM
$ 16,993,340
$ 6,655,823
$ 10,155,270
$ 10,369,265
$ 20,794,101
$ 64,967,799