HomeMy WebLinkAboutColleyville Economic Development Corporation (CEDC) Resolutions (RESOLUTION R-16-139)-08/23/2016RESOLUTION R-16-139
A RESOLUTION ADOPTING THE ECONOMIC DEVELOPMENT CAPITAL
IMPROVEMENT PROGRAM (EDCIP) FOR FISCAL YEARS 2017-2021
WHEREAS, the bylaws of the Colleyville Economic Development Corporation
require that an Economic Development Capital Improvement
Program (EDCIP) be developed, setting forth long and short-
term goals that address the needs of the City within the financial
constraints of revenues available to the Corporation; and
WHEREAS, the EDCIP shall identify the projects to be undertaken by the
Corporation and include proposed methods and the expected
cost of the implementation.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE COLLEYVILLE ECONOMIC DEVELOPMENT CORPORATION:
Sec. 1. THAT the Economic Development Capital Improvement Program
of the Colleyville Economic Development Corporation (Exhibit A)
is hereby adopted.
Sec. 2. THAT once approved, the EDCIP will be forwarded to the City
Council for their subsequent approvaL
Sec. 3. THAT this Resolution shall become effective on the date of
passage.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF �'AYES, o NAYS, AND O ABSTENTIONS ON THIS
23RD DAY OF AUGUST 2016.
President Chris Putnam � Vice Pres. Richard Newton `
Director Tammy Nakamura .� Director Bobby Lindamood �
Director, Amy Dowell � Director Bradley Shields .{.,(/
Director Mark Slosson ,� �'
ATTEST:
Amy helley, TRMC
Secretary
COLLEYVILLE ECONOMIC
D,E,UELOPMENT�RPORATION
I� !
,,�� �..��,,�---
Chris Putnam
President
COLLEWILLE ECONOMIC DEVELOPMENT COItPORATION Exhibit A
ECONOMIC DEVELOPMENTCAPITALIMPROVEMENTPROGItAM FY2017-FV2021
BUEge[ ProjeRion Pmjettion VmJectlon ProjeRlan ProjeRlon Pmjettian
RSCpLYEA0. 2016 2016 20ll 2018 2019 �ZWO 2021
BEGINNING FUNO BAIANCE f2�J33�324 $3�9J5�899 $3�351,459 $2,602,229 $2�145�041 $1�B4fi�Dl $1,48,3fi5
REVEHIIES:
PRO]ECTED 1/2 CEM Sr1LE5 TAX REVENIIE
INTERESTINCOME
USE OF BVAIL4BLE CASH
TOTAL REVENUES
E%PENDIfURES:
OPERATING:
AOMINISTPATIVE:
2005 DE9T SERVICE & 1.4 T[MES COVEPAGE
PARKS:
WATER / WAS�EWRTE0.- ML PHE0.50N Vp0.K
TECHNOLOGY-HARDWNREREPLACEMENT
LSBRARV:
PERSONNEL
OPEM1iON5
TECHNOLOGY-SOFfWARE& MAINTENRNCECONTMRS
TECNNOLOG-HP0.�WqRE REPIACEMENT
SEN10R CENTER:
PERSONNEL
oaeannorvs
TKHNOLOGY- HAROWARE REPIACEMENT
COLLEYVILLE CENTER:
OPERATIONS
TECHNOLOGY- SOFRNARE A MAIMENANCE CONTRACTS
TECHNOLOGY-HA0.DWARE REPLACEMENT
VROMOTIONAI:
SFEqAL EVENTS
ECONOMIC OEVELOPMEN�VROMOTIONqL
PERSONNEL-COMMIINICNTIONS
G4PRRL:
COLLEYVILLE CENTER -
SITE MpSTER VIAN- GRRY FORWARD
�YSON HFN� DRYERS
REPIACEMENT DISHWASHER
FRIDGE MERCHANOISER
INCRERSEOINTERNEfBANDWIDTH
nV OPGRp�E �
FRCILItt UFDFTES FND REPLACEMENTS
REPIACEMENTOF PRLLAOIUM WINDOWS
CITYWIDE TPAIlSVSTEM -
IMPROVEMENTS AT COTTON BELT - LO LOCKEff PRRK TRRILHEND - CNRRY FO0.WA0.D
FIITURE TRAR CONSfRUR10N (COTfON 9ELT TPAII CONNECr10N)
� PLEASANT 0.0N TRqIL CONS�RIICIION (COTTON BELTTO ]OHN MCMCAIN)
PARKS MASTER PIAN UPOATE
SENIOR CENTER
0.EPA10.5-CARRY FORWARD
FIITURE PROJECfS
TOTAL EXFENOLfIl0.E5
EXCE55 REVENUESDVER EXPENDRURES
A00 6ACK .4 TIMES BOND COVEMGE RAIIO
$1,)00,000 $1,800,000 gi,)50,000 g1,]50,000 g1,)6),500 $1,)85,1]5 $1,803,02)
$5�06> $3�>G1 $3,J91 $5,204 $4,290 $3�fi93 $3,05]
51,1�4 240 §1 005,9fi5 $989 9)9 E695,069 $539,fi35 5559,569 E522,946
$2,BW,)O) g2,809,)O6 $2,143,)20 � S�ASO,D3 $2,311,425 $2,308,93) g2,329,029
gz,000 'gz,000 gz,000 Sz,00a ;z,aoa g2,aoa g2,oao
$845,359 $845,359 $B42,fi2f $832�586 $843,046 $845,902 $945,802
$58�540 $I8�500 $19�096 $19,fi69 $20,259 $20,86) $21�493
g0 $0 $0 $0 $6,800 $0 $0
$01,081 $B1,OB1 $91,390 ' $96,OB� $96�903 $99,810 $102,004
$9,689 � $4,689 $J�830 $B�OfiS ;8,30J $8,556 $8,013
$0 $0 $18�92) $19�34fi $19,692 $20,065 $20,48)
g0 $0 $10,400 $11,800 $5,950 g2J,60� $0
$J0,536 $J0,536 $J2,652 $J9,832 $JJ,OJJ $J9,309 $B1,JJ1
;o go ;soa ;sao ;soo gsoa gsoa
go go g4,9ao ge,aoo gl,sso g3,1oa So
g0 $� $500 f500 $5�0 ;500 E5a0
$3,J00 $3,)00 $8,854 $9,031 $9�212 $9�396 $9,584
$0 $0 $f�500 $8�800 $1�200 $3,850 $0
;8),000 EB),000 g9],000 $8),000 $8],000 $8),000 $8'l,000
$35,000 $35,�00 $39,000 $39,J80 . $40,SJ6 $41,38] $42�215
$41,@9 g91,029 $48,981 g50,950 $51,96a ;53,523 §55,129
E�S,000 $25,00o ga §o g0 $0 ;0
g3,000 $3,00� g0 g0 $0 $0 $0
$6,350 $fi,350 $0 $0 $0 g0 $0
gi,00a ;I,aoo ;o go go go go
gs,ala gs,aza go ;o go go So
g1lo,o0o g2oo,aoo go $o go So $o
g0 ;30,000 $9,200 g0 ;0 ;� ;0
$0 $0 $0 $150,000 $0 $0 $0
$60�000 §fi0,000 � §0 $0 $0 $0 $0
glsa,000 gso,00a go go So $a ;o
so so asoo,000 so ao sa ;o
sioo,00a so uoo,000 so so sa so
gioa,aoa gioo,aoa #o go go ga Sa
$1,000,000 $0 $1,OJ8,539 $1,033,0J5 $1,039,391 $1,045,0]2 $1,050,929
5�,809,J0J $1,669,JOJ ;2,J43,)20 g2,450,2J3 $2,311,425 $2,3a8,636 ;2,329,029
;o ;i,iao,aao go ga ;o ;a ga
$241�530 ;24�,530 f�44.1<9 $231,B82 §200�BJ0 f241,fi58 §291,658
ENDING FUND 9AlANCE EI�B)0,614 $3,351,459 $3,fi02,229 f2�145�041 §1,846,2)) $1,528,365 $1,29),0)]