24-1670 Five-Year Capital Improvement Program RESOLUTION NO. 24-1670
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
LONGWOOD, FLORIDA, ADOPTING A FIVE-YEAR CAPITAL
IMPROVEMENT PROGRAM FOR THE FISCAL YEARS 2025, 2026, 2027,
2028,AND 2029 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 2025, 2026, 2027, 2028, and 2029; and
WHEREAS, a general summary of the Five-Year Capital Improvement Program has been
published in the Sanford Herald on September 1, 2024, 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 2025, 2026, 2027, 2028, and
2029 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 16th DAY OF SEPTEMBER, 2024.
CITY COMMISSION
CITY OF LPNGWOOD, FL'' 'IDA
41/,I�
MATTHEW MCMILLAN, MAYOR
ATT T•
MICH E LO 0, MC, FCRM, City Clerk
Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only.
:::)
DANIEL W. LA LEY, TTORNEY
Resolution No.24-1670
Page 1 of 1
Resolution 24-1670 - Exhibit A
CITY OF LONGWOOD
CAPITAL IMPROVEMENT PROGRAM
FISCAL YEARS 2025-2029
FINANCING METHOD FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 TOTAL
ARPA FUND SLFRF FUNDING 99,000 - - - - $ 99,000
FIRE IMPACT FEES IMPACT FEES 8,695 - - - - $ 8,695
PW/ADM IMPACT FEES IMPACT FEES 70,000 35,000.00 17,000.00 - - $ 122,000
PUBLIC FACILITIES IMPROVEMENT FUND ONE CENT SALES TAX, $ 5,163,600 $ 5,257,500 $ 9,104,585 $ 8,033,000 $ 1,730,000 $ 29,288,685
LOCAL OPTION GAS
TAXES AND PAVING
ASSESSMENTS
LOAN PROCEEDS,
CAPITAL PROJECTS FUND GRANTS 11,199,489 5,046,465 925,179 1,128,488 73,952 $ 18,373,573
STORMWATER CAPITAL IMPROVEMENT STORMWATER FEES 708,500 330,000 450,000 150,000 110,000 $ 1,748,500
PUBLIC UTILITIES FUND/WATER&WASTEWATER FUND REVENUES, 9,342,000 6,575,000 26,180,000 24,411,000 4,940,000 $ 71,448,000
GRANTS
TOTAL CAPITAL IMPROVEMENT PROGRAM $ 26,591,284 $ 17,243,965 $ 36,676,764 $ 33,722,488 $ 6,853,952 $ 121,088,453