The Clinton Herald, Clinton, Iowa

Clinton

October 18, 2013

City narrows project list

CLINTON — More than 40 projects have been submitted to the city of Clinton Capital Improvement Program (CIP) and it is up to a committee of city planners and city council members to decide what will be funded in fiscal years 2015 through 2020.

The projects were submitted by different departments throughout the city, requesting the CIP committee consider their need imminent and worth funding in the next fiscal year.

Because each department felt their projects were high on the priority list, the financial totals for 2015 amounted to around $24 million.

With that being out of the reach for the city debt capacity, City Administrator Jessica Kinser took the 41 submissions and worked with the department heads to separate them by financial breakdown and need classification.

“Basically our priorities and our needs from departments weren’t necessarily matching what the financial picture should be. So, we went through this as a department head team together and came to, what we think, is a reasonable proposal,” Kinser said. “Of course, everything is subject to you as well.”

At the meeting, the group briefly discussed each project, deciding which fiscal year it will be placed in and what sort of funding would be needed to complete each one.

According to Kinser’s breakdown, there are two specific projects that need to be addressed immediately by the committee because of commitments the city has already made.

One of those projects is the sanitary and storm sewer installation along Camanche Avenue. The project is near complete but the city will be required to pay $2.7 million in fiscal year 2016 to finish it.

The recommendation from Kinser is for the city to use a State Revolving Fund loan to pay for the Camanche Avenue sewer project so they can keep the general obligation fund available for other projects in 2016.

“We’re not proposing a general obligation bond to pay for this which we had been talking about over the last year internally,” Kinser said. “We are proposing a SRF loan which will be pledging the revenues of the sewer fund for this.”

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