Schedule Public Hearing for Adoption of 2021-2030 Capital Improvement Plan

The Capital Improvement Program (CIP) is a strategic planning tool to assist the City Council in identifying proposed capital improvement projects over the next ten years. The 2021-2030 CIP contains the following categories: Equipment Replacement, Municipal Buildings, Park Improvements, Sewer Utility, Storm Water Utility, Street Improvements, Street Light Utility, and Water Utility Improvements. 

The projects, as presented in the CIP document, are presented at total costs. The city is not responsible for the funding of all projects listed in this program. For example: If a grant is received the respective project is shown at total project costs with the amount of grant listed as an offsetting revenue source.  Cash flows are presented for the respective funds presented in the CIP..  They can be found in the last several pages of the CIP document.

A supplemental section titled 'Future Consideration Projects' has also been included.  This is a listing of park projects are contingent upon availability of resources.  These projects are unfunded and unscheduled until resources become available.

As mentioned above, this is a planning document only, and not an approval of any project listed.

Per section 7.5 of the Ramsey City Charter, the city shall hold an annual public hearing on the Capital Improvement Program and adopt it by resolution. Staff is asking that a public hearing be held at the regular meeting of December 8, 2020. 

A draft document of the 2021-2030 CIP and supplemental report is attached.  Any reported changes will be reflected in the document presented at the December 8, 2020 public hearing.

The 2021-2030 CIP depicts the various funding sources used to fund capital improvements.

Staff recommends that a Public Hearing on the 2021-2030 CIP be scheduled for December 8, 2020.

Motion to authorize a public hearing on December 8, 2020 for the adoption of the 2021-2030 Capital Improvement Plan (CIP).