Adopted Capital Improvement Program Budget FY 2024-25 through FY 2029-30

City of Morgan Hill Capital Improvement Program FY 2024-25 – FY 2029-30 Project No. PR1008

Project Name: Villa Mira Monte

Project Location

Financial Comments Funding for this project is included in the CIP budget within the Community/Recreation Center Impact Fund (360).

Villa Mira Monte

Operating Cost Impacts The City currently provides $20,000 per year in support to the Historical Society's operations of Villa Mira Monte. The enhancements will be designed to support improved operations and maintenance at the site, so no additional operational costs are anticipated for the City in relation to this project. The partnership between the City and the Historical Society has long benefitted the financial maintenance of the facility, but the vast majority of the operations at the site is accomplished by utilizing volunteers and fundraising.

Pro Mira Mon Expenditure Schedule Annual Expenditures

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

Fund-360

350,000

3,500,000

-

-

-

-

$ 350,000

$ 3,500,000

-

-

-

-

Project Cost

Estimated Project Schedule

Timeline for Completion

Complete FY 2024-25

Planning

Project Design

Right of Way/ Acquisition/Permitting

Not applicable

FY 2025-26 & 2026-27

Construction

Project Close-out

FY 2026-27