Schedule Public Hearing to Consider Adoption of the 2012-2016 Capital Improvement Program (CIP)

The Capital Improvement Program (CIP) is a strategic planning tool to assist the City Council in identifying proposed capital improvement projects over the next five years.  The 2012-2016 CIP contains the following categories:  Capital Bonding Projects, Equipment Replacement, Municipal Buildings, Park Improvements, Sewer Utility, Site Acquisitions, 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.  Each project is listed with its respective funding source.

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 five-year Capital Improvement Program and adopt it by resolution.  Staff is asking that a public hearing be held at the regular meeting of December 13, 2011.

The 2012-2016 Capital Improvement Program depicts the various funding sources used to fund capital improvements.

Motion to authorize a public hearing on December 13, 2011 and to adopt the 2012-2016 Capital Improvement Program.