File #: 18-0294    Version: 1 Name:
Type: Time Certain Item Status: Agenda Ready
File created: 4/5/2018 In control: Board of Directors
On agenda: 5/8/2018 Final action:
Title: Public Hearing and Resolution Approving the Santa Clara Valley Water District's Fiscal Years 2019-2023 Five-Year Capital Improvement Program.
Attachments: 1. Attachment 1: Resolution, 2. Attachment 2: FY19-23 Capital Improvement Program, 3. Attachment 3: PowerPoint, 4. Attachment 4: Letters of Support from Cities
BOARD AGENDA MEMORANDUM


SUBJECT:
Title
Public Hearing and Resolution Approving the Santa Clara Valley Water District's Fiscal Years 2019-2023 Five-Year Capital Improvement Program.


End
RECOMMENDATION:
Recommendation
A. Reconvene the public hearing from April 27, 2018 to receive comments regarding the Santa Clara Valley Water District's Fiscal Years 2019-2023 Five-Year Capital Improvement Program;
B. Close the public hearing; and
C. Adopt the Resolution APPROVING FISCAL YEARS 2019-2023 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM.


Body
SUMMARY:
The Santa Clara Valley Water District's (District) Fiscal Years (FY) 2019-23 Five-Year Capital Improvement Program (CIP) (Attachment 2) is presented for the Board's consideration and approval. The CIP is a multi-year plan describing capital investments planned for the next five fiscal years that are necessary to maintain and improve our water supply and flood protection infrastructure, and support the District's mission of environmental stewardship.

The first year of the FY 2019-23 CIP is consistent with the proposed FY 2018-19 District budget. The CIP includes 61 capital projects to be funded and distributed among the following categories: 27 Water Supply, 17 Flood Protection, 9 Water Resources Stewardship, 2 Buildings and Grounds, and 6 Information Technology projects, for a total District planned cost of $3.5 billion. An additional $0.7 billion is anticipated to be funded by outside sources through cost-share partnerships and grants, resulting in a total CIP value of $4.2 billion.

The total estimated value of construction contracts planned for award during the next five years is approximately $1.0 billion, which will generate or sustain between 10,000 and 20,000 jobs. Additional details regarding the process and content of the FY 2019-23 CIP is provided in the PowerPoint presentation (Attachment 3).

New Projects in FY 2019-23 CIP
The Board reviewed the preliminary CIP on January 9, 2018, the Draft CIP on Februar...

Click here for full text



Notice to Public:

The Santa Clara Valley Water District publishes meeting agendas two Fridays prior to regular meetings, and publishes amended and special meeting agendas one Friday prior. During the process of amending an agenda, individual links to Board Agenda Reports may not be available. In these cases, please reference the “Full Agenda Package” instead.