Title
2020-2025 Capital Facilities Plan and Capital Asset Management Plan (CAMP)
Recommended Action
Recommendation to City Council and Planning Commission
Report
Issue:
Review draft park projects in the Preliminary 2020-2025 Capital Facilities Plan, including the Capital Asset Management Plan.
Staff Contact:
Laura Keehan, Planning & Design Manager, Parks, Arts & Recreation, 360.570.5855
Kip Summers, Engineering Program Manager, Parks, Arts & Recreation, 360.753.5834
Presenter:
Laura Keehan, Planning & Design Manager
Background and Analysis:
The Capital Facilities Plan (CFP) is an annually-updated document that is used to identify funding for City capital projects on a 6-year horizon, as required by the state Growth Management Act.
The projects proposed in the draft Parks, Arts & Recreation chapter of the 2020-2025 CFP are drawn from the 2016 Parks, Arts and Recreation Plan.
Options:
1. Authorize the PRAC Chair to write a letter to City Council recommending approval of the parks chapter of the Preliminary 2020-2025 CFP.
2. Authorize the PRAC Chair to write a letter to City Council recommending revisions to the parks chapter of the Preliminary 2020-2025 CFP.
Financial Impact:
The draft CFP proposes $5,390,380 in appropriations for park capital projects in 2020. The funding sources for park capital projects are: impact fees, Olympia Municipal Park District (OMPD) funds, Voted Utility Taxes (V.U.T.), and Non-Voted Utility Taxes (N.V.U.T.).
Attachments:
Web link to Preliminary CFP (will be available on August 14)