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The City of Texarkana, Texas City Council approved funds Monday night at the regularly scheduled council meeting for upcoming Capital Improvement Plan (CIP) projects set to be completed during the 2017-2018 fiscal year. The total expenditures for the upcoming year related to these projects will be $14.4 million.
The Capital Improvement Plan (CIP) is a long-range plan that identifies capital projects and investment opportunities within the City and provides a planning schedule and financing options for identified projects.
Projects for this year include replacement of playground equipment across the city parks, dredging the Spring Lake Park pond, replacement of roofs for community centers, health department and city buildings, improvement of various parking lots and the installation of new ball field lights at both Spring Lake Park and Wallace Park, and also design costs for the airport terminal, Perot Theatre Restoration and Art Park, and the fire station relocation.
The eleven 2017-2018 projects are part of a 53-project comprehensive capital plan spanning through the year 2044.
For more information, contact Lisa Thompson at firstname.lastname@example.org or 903-798-1743.