HomeMy WebLinkAboutA007 - Email from Finance Director dated June 26, 2009 - projects to be funded Duane R Pitcher/COA To poolert@pfm.com
06/26/2009 04:48 PM cc Sue Rybolt/COA@COA, Roger Wisecup/COA@COA,
'MYH/ 0 Diane R Voss/COA@COA, Carol B Collings/COA@COA,
it Sheila K Lundt/COA@COA, Steve Schainker/COA@COA,
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Subject City of Ames 2009 Bond Issue
Tionna,
We have firmed up the numbers for our FY 09/10 G.O. Bond issue. The projects funded are listed below
and are all streets and sewers with the exception of the TIF project which will include all public
infrastructure costs. We would like to schedule a late summer early fall issuance. Please contact me with
preliminary issuance schedule information. I will be at GFOA next week and will be returning to work on
July 6 and can discuss with you then.
Thanks,
Duane
2009/2010 CIP G. O. Bond Issue
SW Ames Stormwater Management 475,000
Arterial Street Pavement Improvements 468,000
Collector Street Pavement Improvements 1,000,000
CyRide Route Pavement Improvements 800,000
Concrete Pavement Improvements 1,625,000
Asphalt Pavement Improvement Program 500,000
Downtown Pavement Improvements 500,000
Subtotal 5,368,000
Carried Forward From 2008/2009 CIP:
Concrete Pavement Improvements 1,225,000
Asphalt Pavement Improvement Program 350,000
Collector Street Pavement Improvements 900,000
CyRide Route Pavement Improvements 900,000
Arterial Street Pavement Improvements 437,573
Downtown Pavement Improvements 700,000
4,512,573
Planned TIF:
South Bell TIF 1,152,000
Total Debt Issue $11,032,573
Duane Pitcher, CPA, CPFO
Director of Finance
City of Ames
515 Clark Avenue
P.O. Box 811