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City plans $100 million investment in climate resilient infrastructure

September 03, 2024 | Boulder, Boulder County, Colorado


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City plans $100 million investment in climate resilient infrastructure
In a recent government meeting, officials discussed significant infrastructure improvements aimed at enhancing community services and meeting climate goals. The focus was on the redevelopment of the Western City Campus and the Alpine Balsam area, which are set to undergo extensive upgrades, including underground utility reconstruction, road enhancements, and improved pedestrian connections.

The redevelopment project is designed to be a leader in low-carbon initiatives, with plans for highly efficient systems that will ensure the buildings last between 50 to 100 years. A budget of $40 million has been allocated for the upcoming year to support these developments, with additional funding planned through a debt service strategy rather than one-time funding requests.

Charlotte Husky, the budget officer, clarified that the total debt anticipated for the project is $100 million, which will be presented for city council approval in the first quarter of 2025. This debt service is supported by the general fund and is part of a long-term financial strategy to manage the costs associated with the redevelopment.

Officials emphasized the importance of balancing investments in new infrastructure with the consolidation of existing city buildings, which is expected to yield savings that can be reinvested into these projects. The discussions highlighted a commitment to modernizing facilities while addressing the community's needs and environmental responsibilities.

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