Diff of StrategicCapitalInvestmentReserve r1

Revision 1, 2026-08-30T11:24:00Z, by CivicCenter206.
+ = Strategic Capital Investment Reserve =
+ The '''SCIR''' is a City programme that puts reserve funds behind public water, sewer and stormwater infrastructure needed for development, so that a project's off-site infrastructure cost does not stop it.
+ = How it came about =
+ The Commission took SCIR updates at the work sessions of [[WorkSession2026-01-20]] and [[WorkSession2026-03-17]], the latter framed as SCIR for public water, sewer and stormwater infrastructure. '''Resolution 10619''', adopting the SCIR programme, was approved 5-0 at [[CityCommission2026-04-07]] under Office File 1723.9.
+ = How an award works =
+ The Commission adopts a resolution of intention declaring its intention to consider an award and setting a public hearing, then holds the hearing and adopts the award resolution. Two awards ran through that sequence in 2026:
+ * '''Discovery Meadows / Woith Engineering''' — public water system improvements for the Discovery Meadows 52nd Street water main extension. Resolution of Intention 10647 at [[CityCommission2026-08-04]]; Resolution 10651 adopted 4-0 at [[CityCommission2026-08-18]]
+ * '''S&L Development LLC''' — stormwater system improvements associated with West Ridge Phase XI and the Vinyard Road regional detention pond. Resolution of Intention 10648 at [[CityCommission2026-08-04]]; Resolution 10652 adopted 4-0 at [[CityCommission2026-08-18]]
+ The programme policy was amended and restated by '''Resolution 10653''', adopted September 1, 2026, superseding Resolution 10619.
+ ----
+ SCIR: https://greatfallsmt.gov/1124/Strategic-Capital-Investment-Reserve-SCI
+ Resolutions: https://greatfallsmt.gov/257/Resolutions
+ [[CityBudget]] · [[PublicWorksDepartment]] · [[Categories]]
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