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2.2.
CC Work Session
Meeting Date:
11/12/2019

Information

Title:

Review of 2020-2029 Capital Improvement Plan (CIP)

Purpose/Background:

The 2020-2029 Capital Improvement Plan (CIP) has been prepared as a strategic planning tool to assist the City Council in identifying proposed capital improvement projects over the next ten years.  The CIP is broken down into the following categories:  Capital Improvement Bonding Projects, Capital Equipment, Municipal Buildings, Park Improvements, Sewer Improvements, Storm Water Improvements, Street Improvements, Street Light Improvements and Water Improvements.

Each project includes preliminary funding sources and appropriate background information citing needs and projected cost estimates. 

A supplemental section titled 'Future Consideration Projects' has also been included.  This is a listing of park projects that are contingent upon availability of resources.  These projects are unfunded and unscheduled until resources become available.
 
The CIP must be formally adopted after a public hearing is held.

Staff is proposing the following schedule for the adoption of the 2020-2029 CIP:
                November 12 - Council worksession to further review CIP inclusions
                November 26- Further worksession review if needed & City Council meeting Schedule Public Hearing Date of December 10
                December 10 - Public Hearing & Adopt 2020-2029 CIP
 

Timeframe:

30 minutes

Funding Source:

Each project contained within the 2020-2029 Capital Improvement Plan (CIP) states the respective funding source(s).

Responsible Party(ies):

Finance Director

Outcome:

Review and discuss the 2020-2029 Capital Improvement Plan (CIP).

Attachments

Form Review

Inbox Reviewed By Date
Kurt Ulrich Kurt Ulrich 11/07/2019 12:08 PM
Form Started By:
Diana Lund
Started On:
10/28/2019 11:56 AM
Final Approval Date:
11/07/2019