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REQUEST FOR ACTION <br />TO ITEM NUMBER <br />Ci Council ~•~• <br />AGENDA SECTION MEETING DATE PREPARED BY <br />Administration December 20, 2010 Tim Simon, Finance Dxrectox <br />ITEM DESCRIPTION REVIEWED BY <br />2011-2015 Capital Improvement Plan Lori ohnson, Ci Adtninistxatox <br /> REVIEWED BY <br />ACTION REQUESTED <br />Consider approval of the 2011-2015 Capital Improvement Plan (CIP). <br />BACKGROUND/DISCUSSION <br />Over the past several months, City staff and the Council have been reviewing the proposed 2011-2015 <br />CIP leading up to its adoption. During various work sessions, we reviewed the costs, funding sources, <br />cash flow analysis, and the general purpose of the projects. The CIP is a revolving document that is re- <br />evaluated on an annual basis; upon each annual update some projects will be deleted, added, or even <br />delayed, reflecting community needs and fmancial ability to fund the project. The CIP is a long-textn <br />plannnig tool and all purchases will come back to CouncIl for approval. <br />Two discussion items have been updated in the 2011-2015 CIP from your last review. <br />1) The focused area study improvements and phasing timelines will be incorporated into the next update <br />of the CIP. <br />2) The public works building costs have been updated since the master planning study has been <br />completed (page 59). <br />FINANCIAL IMPACT <br />See various funding sources identified in the 2011-2015 CIP. The 2011 items have been discussed and <br />incorporated in the 2011 budget, but will come fox approval during the next year. <br />ATTACHMENTS <br />^ 2011-2015 Capital Improvement Plan <br />• 2011 equipment listing purchases (funded out of equipment replacement fund) <br />Action Motion by _ Second by _ Vote <br />Follow Up <br />N:\Public Bodies\City Council\Tim\2010\2011-15capitalimprovementplan.doc <br />