I-1 - Tiffin CIP 2022-2029

A C D E F G H I J 159 FY 2022-2023 FY 2023-2024 FY 2024-2025 FY 2025-2026 FY 2026-2027 FY 2027-2028 FY 2028-2029 FY 2029-2030 160 Fire Station Improvements to include adding an Ambulance (11) $500,000 161 GO Bonds $500,000 162 Revenue Bonds 163 Outside Funding 164 165 New Public Safety Facility $8,000,000 166 GO Bonds $8,000,000 167 Revenue Bonds 168 Outside Funding 169 170 Lights at Parking Lot south of City Hall $50,000 171 GO Bonds $50,000 172 SRF Funding 173 Outside Funding 174 175 Lights at Dog Park $50,000 176 GO Bonds $50,000 177 SRF Funding 178 Outside Funding 179 180 New City Hall $5,000,000 181 GO Bonds $5,000,000 182 Revenue Bonds 183 Outside Funding 184 185 186 187 SUMMARY OF COSTS 188 189 Total Project Cost $3,780,000 $2,494,000 $12,369,000 $15,875,000 $14,747,000 $375,000 $875,000 $38,725,000 190 General Obligation Bond Financing $3,600,000 $925,000 $10,750,000 $5,300,000 $9,900,000 $250,000 $750,000 $18,500,000 191 Revenue Bond Financing $0 $115,000 $110,000 $110,000 $110,000 $0 $0 $0 192 Outside Source Financing $135,000 $1,405,000 $1,485,000 $7,185,000 $2,200,000 $85,000 $85,000 $8,185,000 193 Fee Revenue $75,000 $79,000 $84,000 $90,000 $97,000 $100,000 $100,000 $100,000 194 Annual TIF Revenue $0 $0 $0 $0 $0 $0 $0 $0 195 SRF Funding $0 $0 $0 $3,250,000 $2,500,000 $0 $0 $12,000,000 196 Total All Financing Sources $3,810,000 $2,524,000 $12,429,000 $15,935,000 $14,807,000 $435,000 $935,000 $38,785,000 197 198 199 NOTES 200 1) Original Town Urbanization Third and Final Phase. To be bid in December 2023. Improvements include street, curb, gutter, storm sewer, sidewalks; replace all individual sanitary sewer service lines 201 2) MPO Funding Request 202 3) After City and DOT evaluation of existing traffic signals 203 4) Placeholder for yet to be developed program 204 5) Preliminary cost estimate. Planning work has begun with the DOT 205 6) Upgrades are part of the Sanitary Sewer Capacity Study done by HF in 2019 206 7) Two Shelters in City Park with the third being built by the New Baseball/Softball fields on the old soccer fields 207 8) Potential Shared Project with CCA 208 9) Project driven by CCA and the development of their property. Cost is estimated City share of the project 209 10) Placeholder for purchase of property in Original Town 210 11) Improvements Objective is to have a JC Ambulance inside city limits. Improvements may have to expand in order to accomplish 211 212 213 Current Project 214 Project Placeholder