Housing and Redevelopment Authority Meeting Date: September 19, 2024
To: Members of the Housing and Redevelopment Authority
From: Jake Reilly, Community Development Director
Title
Staff update on Comprehensive Plan and relationship to 5-year Capital Improvement Plan.
Body
Action Requested:
The Housing and Redevelopment Authority review the relationship between the city's comprehensive plan, the five-year Capital Improvement Plan and the Strategic Plan.
Summary Report:
The CIP implements the goals of a jurisdiction's comprehensive plan, ensure timely construction or renovation of infrastructure to provide the level of services identified in the comprehensive plan, and help coordinate priorities with those reflected in other supporting plans or documents like the Strategic Plan and Climate Action Plan. This helps a locality review and prioritize projects eligible for Federal and State transportation funds when the projects are needed.
How and where infrastructure is installed and/or updated impacts housing and economic development, as does access to well-maintained infrastructure like roads, sidewalks, and pedestrian and bicycling facilities. This conversation is designed to arrive at a shared understanding of the relationship between the comprehensive plan, the capital improvement plan, housing and economic development policies, and tools to address related concerns.
A brief presentation linking the two documents/processes will be given to the HRA Board. Time will be allotted for questions. Earlier presentations and consultant-prepared updates are also attached.
Alternative Options:
N/A
Financial Impacts:
* Identifies funding sources for each capital improvement.
* Provides a baseline (recommended capital budget) for the annual budget.
* Coordinates capital and operating budgets.
* Creates transparency around the process of selecting and funding capital projects.
* Informs the public about future needs for capital improvements.
Tentative Timelin...
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