Title
Preliminary Capital Facilities Plan, 2022-2027 Financial Plan - Recommendation
Recommended Action
Move to approve the draft comment letter prepared by the Planning Commission Finance Subcommittee and forward it to City Council.
Report
Issue:
Whether to approve the draft comment letter prepared by the Planning Commission Finance Subcommittee and forward it to City Council.
Staff Contact:
Joyce Phillips, Principal Planner, Community Planning and Development, 360.570.3722
Presenter(s):
Commissioner Rad Cunningham, Finance Subcommittee Chair
Commissioner Greg Quetin, Finance Subcommittee
Commissioner Aaron Sauerhoff, Finance Subcommittee
Background and Analysis:
The Capital Facilities Plan (CFP) is a Chapter in the City's 20-year Comprehensive Plan. The goals and policies of the CFP remain constant over the years. The projects and funding information portion of the Plan is updated annually.
The CFP identifies which capital facilities are necessary to support development and/or growth, as well as major capital investments needed for city infrastructure. Most projects listed are directly related to the applicable master plan or functional plan, such as the Parks, Arts and Recreation Plan, the Storm and Surface Water Plan, Transportation Master Plan, and other similar plans.
The Comprehensive Plan covers a 20-year time horizon; however, the Preliminary CFP 2022-2027 Financial Plan is primarily a 6-year financial plan. Projects for years 7-20 are identified but cost estimates and funding sources are less certain. The CFP is required by the Growth Management Act and includes specific projects, cost estimates, funding sources and strategies to implement the vision of the Comprehensive Plan.
Some highlights of the CFP, 2022-2027 Financial Plan include:
* Armory Creative Campus Design
* Peace and Healing Park Design
* Grass Lake Nature Park Trail Improvements
* Lions Park Sprayground Construction
* State Avenue Safety Improvements
* Fones Road Improvemen...
Click here for full text