Key Biscayne outlines capital program and options for covering Garden District shortfall
Staff previewed a multi-year CIP that includes beach renourishment, undergrounding, stormwater work and a proposed $36M general obligation bond; council debated alternatives after an HMGP grant came in smaller than expected, increasing local exposure on the Garden District project.
The full story
Colleen (Capital Program manager) walked the council through the capital improvement program: more than 40 projects in the pipeline, only two not yet started, and a mix of funding sources including grants, reserves, a proposed general-obligation bond and enterprise funds. "We only have 2 projects that have not been started of the 40 plus for this fiscal year," Colleen said, noting that many projects are multi-year and require encumbrances to proceed.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in