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Home My Public Portal About2024-025 Resolution Approving a Revised FY24-FY28 Capital Improvements PlanRESOLUTION 2024-025 Resolution Approving a Revised FY24-FY28 Capital Improvements Plan WHEREAS, the capital infrastructure within the City of Riverdale, Iowa, is an important component that contributes to the vitality of the City and the health, safety, and comfort of its citizens; and, WHEREAS, since the City's financial resources are limited, it is essential that it establish priorities for capital improvements so that its limited funds are expended effectively and efficiently; and,. WHEREAS, on March 28, 2023, via Resolution 2023-024 Resolution Approving the Capital Improvements Plan for FY24-FY28, Council adopted the current FY24-FY28 Capital Improvements Plan; and, WHEREAS, Council reviewed and discussed capital improvements planning in its meetings on January 11, 2024, and January 23, 2024; and, WHEREAS, it is important that the citizens of the City be informed about the City's capital improvement plans, and as such, notice of a public hearing on the proposed, revised FY24-FY28 Capital Improvements Plan was made in the Quad City Times on February 17, 2024, and a public hearing was held on February 27, 2024; and, WHEREAS, prior to the public hearing, the City received no comments or questions regarding the proposed, revised FY24-FY28 Capital Improvements Plan; and, WHEREAS, approval of the attached proposed, revised FY24-FY28 Capital Improvements Plan will allow for economic efficiencies and minimize construction and other inconveniences; and, WHEREAS, the preparation and establishment of an updated and accurate capital improvements plan has been identified as an important goal of the City Council, and Council wishes to proceed with implementing the proposed, revised FY24-FY28 Capital Improvements Plan; and, WHEREAS, the funding sources for this action will vary from fiscal year to fiscal year based on the attached Capital Improvements Plan. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Riverdale, Iowa, that: Section 1. The attached revised FY24-FY28 Capital Improvements Plan is approved and adopted effective as of the date of this Resolution. City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 1 (563) 355-2511 1 www.riverdaleia.org osi ER 044 >•,, 44 0 ?ST. 19-$d Section 2. City staff are authorized to implement the attached revised FY24-FY28 Capital Improvements Plan, with Council approval where required. ROLL CA VOTE: DCarnp Ye /Nay Halsey: y Harvey. Ye Nay Jurgena. Ye Nay Townsend: Passed, approved, and adopted this 27th day of February 2024. APPROVED: ATTEST: Anthony"-leddlesten, Mayor Kelly Krel YO' Clerk/Treasurer City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 (563) 355-2511 I www.riverdaleia.org Capital Impr ovements Plan FY24-FY28 Revised February 27, 2024 EXPENSES BY PROJECT & FISCAL YE AR Department Pr oj ect FY24 FY25 FY26 FY27 FY28 Total Project Compl ete? General Government Office furniture/flooring $ 1,500.00 $ 1,500.00 Yes Public Works Quiet zone study $ 9,817 .00 $ 9,817.00 Yes Public Works Parks signage (Eagle Scout project) $ 10,000.00 $ 10,000.00 Public Works Pickup truck $ 30,000 .00 $ 30,000.00 $ 60,000.00 Sanitary Sewer Capital improvements (sewer plant) $ 127,094.00 $ 59,357 .00 $ 36,562.00 $ 39,902.00 $ 39,718.00 $ 302,633.00 Pu blic Works Sanitary sewer rehabilitation phase III $ 150,000.00 $ 150,000.00 General Government City Hall parking lots reconstructio n $ 467,600.00 $ 467,600.00 Yes Public Works Peggy's Park street barrier $ 5,000 .00 $ 5,000.00 Public Wo rks Council Chambers a/c replacement $ 8,000 .00 $ 8 ,000.00 General Government Co uncil Chambers furniture & A/V $ 13,000.00 $ 13,000.00 Public Works Playground equipment $ 20,000.00 $ 20,000.00 $ 20,000.00 $ 60,000.00 Public Works Peggy's Park shelter $ 20,000.00 $ 20,000.00 Public Works Traffic light upgrade s $ 25,000.00 $ 25,000.00 $ 25,000.00 $ 25,000.00 $ 100,000 .00 General Gov ernment City Hall security update s $ 25,000.00 $ 25,000.00 Public Works Hwy 67 storm water intakes $ 36,000.00 $ 41,000.00 $ 26,000.00 $ 39,000 .00 $ 142,000.00 Public Works Crack sealing & pave ment patching $ 158,500.00 $ 38,500 .00 $ 38,500.00 $ 38,500 .00 $ 274,000.00 Public Works Quiet zone construction $ 200,000 .00 $ 200,000.00 $ 100,000 .00 $ 500,000.00 Public Works Bellingham Road engineering $ 80,000.00 $ 80,000.00 Public Works Bellingham Ro ad reco nstructio n $ 1,400,000.00 $ 1,400,000.00 TOTA L BY FY $ 796,011.00 $ 399,857.00 $ 361,062.00 $ 429,402.00 $ 1,642 ,218.00 $ 3,628,550 .00 GRAND T OTAL Removed from list: Fire Department Public Works Public Works Fire equipment setaside Fenno t-turn/cul-de-sac Utility tract or separate tax - not needed on this list project abandoned purchased mower instead Future years/unscheduled: Public Works Bellingham Road constructi on FY29 Public Works Maintenance facility pr operty acquisiti on Public Works Maintenance facility c onstructi on Public Works Fieldcrest drainage Public Works Manor hit drainage Public Works Woods Estates d etention p ond acceptance and mainte nance Public Works Woods Estates trail connections/p ocket park General Government City Hall remodel and wall -mounted t ele vision Sanitary Sewer Future capital improvements FY29 FY30 FY31 FY32 FY33 FY34 FY35+ 1,400,000.00 50,000.00 800,000.00 Unknown Unknown Unkn own Unknown Unknown 38,780 .00 27,937.00 36,476.00 38,265.00 52,261 .00 227, 897.00 1,675,281.00 Capital Improvements Plan FY24-FY28 Revised February 27, 2024 FUNDING SOURCES BY PROJECT & FUND Departme nt Project 001 General Fund (incl. LOST a nd transfers to 301 Cap Imp) 110 Streets (RUT) 610 Sanit ary Sewer Sp ecial Assessment Tot al General Go vernment Office furniture/flooring $ 1,500.00 $ 1,500.00 Public Wo rks Peggy's Park street barrier $ 5,000.00 $ 5,000.00 Public Works Co uncil Chambers a/c replacement $ 8,000.00 $ 8,000 .00 Public Works Quiet zo ne study $ 9,817 .00 $ 9,817.00 Public Works Parks signage (Eagle Scout project) $ 10,000.00 $ 10,000.00 General Go vernment Co uncil Chambers furniture $ 13,000.00 $ 13,000.00 Public Works Peggy's Park shelter $ 20,000.00 $ 20, 000.00 General Governmen t City Hall security updates $ 25,000.00 $ 25,000.00 Public Works Pickup truck $ 39,000 .00 $ 18,000 .00 $ 3,000.00 $ 60,000.00 Public Wo rks Playground equipment $ 60,000.00 ' $ 60,000 .00 Public Works Hwy 67 sto rm water intakes $ 142,000.00 $ 142,000.00 General Government City Hall parking lots reconstru ction $ 467,600.00 $ 467,600.00 Public Works Bellingham Road engineering $ 80,000 .00 $ 80,000 .00 Public Works Traffic light upgrade s $ 100,000.00 $ 100,000.00 Public Works Crack sealing & pavement patching $ 274,000.00 $ 274,000.00 Public Wo rks Quiet zone construction $ 500,000.00 $ 500,000.00 Public Works Sanitary sewer rehabilitatio n phase III $ 150,000.00 $ 150,000.00 Sanitary Sewer Capital improvements (sewer plant) $ 302,633.00 $ 302,633.00 Public Works Bellingham Road reco nstruction $ 1,400,000 .00 $ 1 ,400,000.00 TOTAL BY FUND $ 800,917.00 $ 972,000.00 $ 455,633.00 $ 1,400,000.00 $ 3,628,550.00 Capital Improveme nts Plan FY24-FY28 Revised February 27, 2024 FUNDING SOURCES BY FY & FUND Departmen t 001 General Fund (i ncl. LOST a nd transfers to 301 Cap Imp) 110 Streets (RUT) 610 Sanitary Sewer Sp ecial Ass essm ent Total by FY FY24 $ 492,167.00 $ 1,500.00 $ 277,344 .00 $ - $ 771,011.00 FY25 $ 130,250 .00 $ 185,000 .00 $ 59,607.00 $ 374,857.00 FY26 $ 61,000.00 $ 263,500.00 $ 36,562.00 $ 361,062.00 FY27 $ 46,000 .00 $ 343,500 .00 $ 39,902.00 $ 429,402.00 FY28 S 71,500 .00 $ 178,500.00 $ 42,218 .00 $ 1,400,000.00 $ 1,692,218.00 TO TAL BY FUN D $ 800,917.00 $ 972,000.00 $ 455,633.00 $ 1,400,000 .00 $ 3,628,550.00