Equipment Maintenance Garage Replacement

FY 2024 ANNUAL BUDGET

SUMMARY

PROJECT TITLE: Equipment Maintenance Garage Replacement

DEPARTMENT: Public Services

BUDGET CODE: 312-4611-444.81-39

JUSTIFICATION: Improves existing service

START DATE (FY): 2021

END DATE (FY): 2025

PROJECT DESCRIPTION:

Project would consist of replacing the existing equipment maintenance garage located at City Yards with a completely new facility that would be constructed in phases where the existing facility is located.

RELATIONSHIP TO STRATEGIC PLAN:

Goal 4 - Facilitate the movement of people and goods around the city in all modes with comfortable sidewalks and trails, reliable transit, and safe streets.

PROJECT OBJECTIVES / STATUS:

The existing garage is nearly 40 years old and at the end of its useful life..

Cost Estimate

Funding Sources


Note: Reference period 2022-23 includes all prior years and 2028-29 includes all future years.

OPERATING IMPACTS

The estimated operating impact is $80,000 in debt service annually for 20 years.