5.4.
Public Works Committee
- Meeting Date:
- 12/03/2013
- Submitted For:
- Grant Riemer
- By:
- Grant Riemer, Engineering/Public Works
Title:
2014-2018 Capital Improvement Plan (CIP)
Purpose/Background:
Purpose: The Capital Improvement Plan (CIP) is a strategic planning tool to assist the City Council in identifying proposed capital improvement projects over the next five years.
The CIP is broken down into the following categories: Capital Improvement Bonding Projects, Equipment Replacement, Municipal Buildings, Park Improvements, Sewer Improvements, Site Acquisitions, 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. It should be noted that some projects are listed as unfunded, or cause future cash flows to become negative in respective funds. This is particularly true related to the funding for park improvements, street improvements and equipment replacement purchases. Their respective funding sources are depleted within the next couple of years. These projects are listed as they are deemed as possible future projects and contingent upon funding being determined at a later date.
The CIP is broken down into the following categories: Capital Improvement Bonding Projects, Equipment Replacement, Municipal Buildings, Park Improvements, Sewer Improvements, Site Acquisitions, 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. It should be noted that some projects are listed as unfunded, or cause future cash flows to become negative in respective funds. This is particularly true related to the funding for park improvements, street improvements and equipment replacement purchases. Their respective funding sources are depleted within the next couple of years. These projects are listed as they are deemed as possible future projects and contingent upon funding being determined at a later date.
Notification:
The Capital Improvement Plan is adopted at a regularly scheduled City Council meeting after a public hearing has been held.
Observations/Alternatives:
This is a draft form document only at this time, open for comment.
Funding Source:
Not Applicable
Recommendation:
Review draft 2014-2018 CIP.
Action:
Review of draft 2014-2018 CIP.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 11/21/2013 03:28 PM |
- Form Started By:
- Grant Riemer
- Started On:
- 11/18/2013 01:42 PM
- Final Approval Date:
- 11/21/2013