A wish list of capital improvement projects for 1989-90 has been drawn up, but the City Council is being advised by city Finance Director Kay Driggs to move slowly on those projects.
During 1988 the city funded construction of a new library and senior citizen center that significantly lowered the city's capital projects fund; Driggs estimates that by June 30, the end of the fiscal year, only 37,100 will be left.Still, Driggs says the city is in a lot better shape than it was four years ago, when its general fund was $400,000 in the hole.
"The city is in the best shape it's been in for a lot of years. We are very sound right now," Driggs said. "We are trying to do a lot, but we are trying to do and pay our way. We have had to ride budgets pretty hard.
"We are running real low because of the library," Driggs said. "We had a nice balance the year before. It looks like a manageable thing, but the point (of preparing a city project fund requirements list) was to advise the council about what projects were and where we were with funds to alert them that they couldn't pay for everything with capital improvement funds."
In addition to the library, a drain on capital funds was treated by the purchase of the city's new fire engine. They city will make a $25,000 payment on the fire engine before the end of the fiscal year, with six payments remaining. A final payment of $22,000 will be made on the library by June; retiring that debt should allow the city to begin rebuildsing its capital improvements fund, Driggs said.
Eight city improvement projects have been listed by Driggs, with construction of the 11th North road and water storage improvements as top priorities. Major improvements to turn 11th North into a collector road are expected to cost the city $120,000, with remaining funding for the project to be provided by the state.
Water improvements under consideration would add a third storage tank to the city system capable of holding 2 million gallons. Also, lines connecting the present system together and to the new tank would be installed. Driggs said the new system would radically improve water pressure in the northern part of the city.
"It would also ensure that we wouldn't have to go outside the city for future water supplies," Driggs said.
Driggs said the water storage project would cost $700,000; the city has $100,000 available for the project and would have to finance the rest.
State money is available for bridge replacement on First North and construction of a road at about 1050 East through the Ardie Adams property. Pleasant Grove is still trying to negotiate with the Alpine Scool District for the purchase of the old Pleasant Grove High School Building, which would be convereted into a fire and ambulance facility, Driggs said.