For years untold, the CIP was short for "Capital Improvement Project." The Birney Administration changed the meaning of CIP to "Capital Investment Project."
Public Works Director Aaron Birt reported on several significant capital investment projects in Council's last study session. Two Directors flanked the Mayor at the table during his presentation. Mayor Birney took notes and didn't participate other than noting the beautiful the flowers growing along a capital park project.
Birt reported the following significant capital investment projects (CIP) affecting Council's budget process.
>> Remaining City Hall construction debt service and contractual costs totaling $17,476,484 (2025-2030.)
>> Redeveloping and expanding the Maintenance & Operation Center (MOC) penciled out six years ago expenditures of $150,000,000, 2023-2026. Birt told Council the funds were "already stashed under the mattress" and in the budget. He then "shocked" council requesting an additional $75,000. Councilmember (CM) Steve Fields pointed to the Office of the Mayor's office over council's deep concerns six years ago at $150M. VP Councilmember Jessika Forsythe asked Birt how confident he was with $225M She noted "decision fatigue" for having to cope with continued new "asks." Forsythe asked for Birt's $225M level of confidence. He couldn't' promise a hard number; that his estimate would have to be in a range.
>> Investments in the "Bellewether City Annex" in Overlake were significant. Director Carol Helland noted a condo was purchased by the city for $618,000. CM Stuart lives in Overlake and was thrilled about the building's opportunity for affordable housing. Coumcilmember Osman Salahuddin agreed with Helland about it being a "mini-city hall" for business licensing and a police sub-station.
Details and a description of the Bellwether Annex are found here.
-- Bob Yoder, 7/15/2024
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