The Soldotna City Council adopted the city’s 5-year Capital Improvement Plan. The Capital Improvement Plan is a long-range planning document that provides direction and guidance for the City of Soldotna on planning and managing its capital and infrastructure assets. It’s intended to present a realistic projection of anticipated capital needs with consideration given to project scheduling, fiscal, and manpower constraints.
Public Works Director, Kyle Kornelis, tells the Soldotna City Council that there’s no substantial changes from the presented draft document at the public works session:
“With a few exceptions, I’ll go over those briefly right now. The first one we removed and postponed the outdoor sand storage facility that we had initially allocated for this fiscal year. We have decided that it would be appropriate to analyze that sand storage facility and the design study report that we are going to be undertaking here in the next month or so, as we look at our facility at the end of Funny River Road, so we removed that one.
Kornelis adds:
“We’ve added two projects. One is a result of our work session which is the Swiftwater Park and Rotary Park entry signs…and then finally, the last edition was additional supplemental funding for downtown parking improvements. Last year, in the capital budget, we had identified $250,000 for downtown parking improvements in the Aspen lot on the Sterling Highway. We’ve gone through the design phase and our construction estimate exceeds our budget, as is the case in a lot of construction efforts these days, as cost estimating takes place a year or greater in the past.”
The City of Soldotna’s 5-Year CIP contains a wide range of projects that reflect priority infrastructure needs based on financial resources for the next five years. It’s anticipated that the plan will be frequently revisited and amended, as priorities, needs, and funding sources change.
The FY23 capital budget, which was introduced as a separate agenda item, mirrors the Capital Improvement Plan for FY23. Any changes to the FY23 plan will also be reflected on the FY23 capital budget.
Click here for more information (note: look for Resolution 2022-033).