City Details 10-year Capital Improvement Plan
$150 million investment will fund over 100 projects targeting facilities, neighborhoods, parks & natural resources, economic growth & business development, streets, sidewalks and vehicle& equipment projects
Recognizing the need to update aging infrastructure and accommodate ongoing growth, the City of New Rochelle has adopted a ten-year capital plan and financing program to prioritize and strategically fund this critical investment. A full list of the projects is now available on the City’s website www.newrochelleny.com/CIP.
The $149.9 million investment in approximately 100 projects spans multiple areas including community services and public facilities, economic growth and business development, neighborhood resiliency, parks and natural resources, streets and sidewalks and vehicle and equipment projects.
“The ten-year capital strategy will help maintain our existing infrastructure, and improve the quality of life for our residents,” noted City Manager Charles B. Strome, III. “Putting the projects online shows the scope of what we are now able to accomplish, and will allow the community to follow our progress.”
The Capital Improvement Projects were identified based on a comprehensive review of the capital needs in each and every department and were adopted by the City Council in the 2017 Budget. Funding sources will be strategically utilized and resources allocated to implement the capital program. The estimated cost of each project includes design, construction and outfitting as needed and incorporates anticipated price escalations.
“In response to requests for more information about capital projects and to provide a window into the process, we have created an online Capital Projects Tracking Tool,” noted Finance Commissioner Tracy Yogman. “While the realities of projects are often complex and dynamic, this information will be updated quarterly so that residents can easily see the status of projects and learn more about how the City is responsibly using tax dollars to improve the community.”
Users will be able to view the progression of a project, from the first phase, “Design”, when the specific work is determined and prioritized, to the final stage, “Complete,” when the project has been completed. To learn more about the active projects in the City, visit the new page www.newrochelleny.com/CIP.