23-1643 Five-Year Capital Improvement Program RESOLUTION NO. 23-1643
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
LONGWOOD, FLORIDA, ADOPTING A FIVE-YEAR CAPITAL
IMPROVEMENT PROGRAM FOR THE FISCAL YEARS 2024, 2025,
2026, 2027, AND 2028 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 2024, 2025, 2026, 2027, and 2028; and
WHEREAS, a general summary of the Five-Year Capital Improvement Program has been
published in the Sanford Herald on September 3, 2023,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 2024, 2025, 2026, 2027,
and 2028 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 18th DAY OF SEPTEMBER, 2023.
CITY COMMISSION
CITY OF LON OOD, FLORIDA
TONY , MAYOR
Resolution No.23-1643
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ATTEST:
HELLE , MMC, FORM, City Clerk
Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only.
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DANIEL W. LAN LEY CITY RNEY
Resolution No.23-1643
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Resolution 23-1643 - Exhibit A
CITY OF LONGWOOD
CAPITAL IMPROVEMENT PROGRAM
FISCAL YEARS 2024-2028
FINANCING METHOD FY 2023/24 FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 TOTAL
ARPA FUND SLFRF FUNDING 99,000 - - - - $ 99,000
PUBLIC FACILITIES IMPROVEMENT FUND ONE CENT SALES TAX, $ 4,408,500 $ 2,936,825 $ 2,307,150 $ 3,126,085 $ 2,510,000 $ 15,288,560
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
CAPITAL PROJECTS FUND LOAN PROCEEDS,
GRANTS 10,668,876 1,856,916 4,206,249 689,003 949,536 $ 18,370,580
STORMWATER CAPITAL IMPROVEMENT STORMWATER FEES 421,000 540,000 330,000 450,000 150,000 $ 1,891,000
PUBLIC UTILITIES FUND/WATER 8 WASTEWATER FUND REVENUES, 11,179,000 6,022,000 20,305,000 6,480,000 4,401,000 $ 48,387,000
GRANTS
TOTAL CAPITAL IMPROVEMENT PROGRAM $ 26,776,376 $ 11,355,741 $ 27,148,399 $ 10,745,088 $ 8,010,536 $ 84,036,140