MCPB Agenda Item6 October 12, 2017 MEMORANDUM Date: October 10, 2017 TO: Montgomery County Planning Board VIA: Michael F
MCPB Agenda Item6 October 12, 2017 MEMORANDUM Date: October 10, 2017 TO: Montgomery County Planning Board VIA: Michael F. Riley, Director, Department of Parks Mitra Pedoeem, Deputy Director, Department of Parks Michael Ma, Chief, Park Development Division (PDD) FROM: Carl Morgan, CIP Manager, PDD SUBJECT: FY19-24 Capital Improvements Program (CIP) Adoption Session Staff Recommendation Approve the proposed FY19-24 Capital Improvements Program (CIP). CIP Status This is the final Planning Board session for the FY19-24 CIP. Accompanying this memo is a complete set of draft Project Description Forms (PDFs) for approval. The recommended FY19-24 CIP will be forwarded to the County Executive and County Council by November 1, as required by State Law. Follow-up from Prior Work Sessions At the close of Work Session #2 on September 18, the Board completed reviewing the entire CIP, project by project. Staff indicated that we would return on October 12 to • Report on the County Council’s action regarding the request to increase Spending Affordability Guidelines (SAG) for Park and Planning Bonds from the Existing $6.5m per year to $8.0m per year • Present any further technical adjustments, corrections or fine tuning, and • Present a summary of the CIP 9500 Brunett Avenue, Silver Spring, Maryland 20901 www.MontgomeryParks.org General Information: 301.495.2595 Spending Affordability Guidelines As staff discussed with the Board in prior work sessions, SAG limits the programming of Park and Planning Bonds, sold by the Commission, that fund local parks and County GO bonds that fund non-local parks. After holding a public hearing on September 19, 2017 and discussing SAG at the Council’s Government Operations and Fiscal Policy (GO) Committee on September 28, 2017, the Council took action on SAG on October 3, 2017.
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