PowerPoint Presentation (Added on 1/7/22)

Downtown Campus Reinvestment 
Project
Council Workshop Presentation
January 11, 2022

2
Components
$10.5M
*$2.8M
$4.5M
$4.1M
Total Estimated Project Cost per Component
$39.8M
City Hall
Parking 
Structure
Chambers
Amphitheater
Murphy 
Park
Velma 
Teague
Library

3
City Hall 
Project Funding
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
G. O. BONDS - GOVT. FACILITIES
$776,700 
$0 
$9,050,012 
$2,441,118 
$0 $12,267,830 
ARPA - HEALTH AND SAFETY
$0 
$5,663,178 
$1,822,000 
$0 
$0 
$7,485,178 
GF FUND BALANCE
$0 
$4,336,822 $13,101,288 
$2,558,882 
$0 $19,996,992 
TOTAL
$776,700 $10,000,000 $23,973,300 
$5,000,000 
$0 $39,750,000 
CITY HALL PROPOSED FUNDING

4
Continuity of Operations

Seamless One Stop Shop experience for the customer.

Special attention has been given to where employees are moved to…Both Permanently and 
Temporarily.

The Fourth Floor Elected and Executive Office will be located together temporarily in the 
Media Center Building.

All funds utilized, regardless of permanent or temporary spaces, will improve those spaces 
and the services the employees provide creating a legacy of investment.
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
G. O. BONDS - GOVT. FACILITIES
$0 
$1,158,200 
$0 
$0 
$0 
$1,158,200 
ARPA - HEALTH AND SAFETY
$500,000 
$1,254,000 
$0 
$0 
$0 
$1,754,000 
GF FUND BALANCE
$1,000,000 
$2,924,975 
$0 
$0 
$0 
$3,924,975 
TOTAL
$1,500,000 
$5,337,175 
$0 
$0 
$0 
$6,837,175 
CONTINUITY OF OPERATIONS PROPOSED FUNDING

5
Amphitheater 
Project Funding
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
G. O. BONDS - CULTURAL FACILITY
$500,000 
$1,000,000 
$4,000,000 
$5,000,000 
$0 $10,500,000 
TOTAL
$500,000 
$1,000,000 
$4,000,000 
$5,000,000 
$0 $10,500,000 
AMPHITHEATER PROPOSED FUNDING

6
Council Chambers 
Project Funding
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
GF FUND BALANCE
$500,000 
$500,000 
$2,100,000 
$1,000,000 
$0 
$4,100,000 
TOTAL
$500,000 
$500,000 
$2,100,000 
$1,000,000 
$0 
$4,100,000 
COUNCIL CHAMBERS PROPOSED FUNDING

7
Parking Structure 
Project Funding
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
G. O. BONDS - GOVT. FACILITIES
$1,700,000 
$1,000,000 
$1,588,650 
$0 
$0 
$4,288,650 
TOTAL
$1,700,000 
$1,000,000 
$1,588,650 
$0 
$0 
$4,288,650 
PARKING STRUCTURE PROPOSED FUNDING

8
Murphy Park 
Project Funding
8
FUNDING SOURCE
FY22
FY23
FY24
FY25
FY26
TOTAL
G. O. BONDS - PARKS AND REC.
$250,000 
$250,000 
$0 
$1,000,000 
$3,000,000 
$4,500,000 
TOTAL
$250,000 
$250,000 
$0 
$1,000,000 $3,000,000 
$4,500,000 
MURPHY PARK PROPOSED FUNDING

9
Summary
• Project can be fully funded
–Using existing G.O. bond authority
–Cash (General Fund)
–ARPA for health and safety capital investment components
• General Fund Forecast
–$21.2M increase in reserves from using ARPA funds for 
eligible budgeted operating and capital expenditures
–Focus on deferred maintenance and council approved capital 
projects

10
Questions?