7.4. SR 03-17-2014 - Laserfiche WebLink

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Elk River comprehensive Plan ! Holistic Approach An overarching principle of this Plan is to consider economic, social and environmental issues and opportunities simultaneously. In addition, each chapter within this Plan is integrated and qconnected to other chapters. Therefore, the successful F implementation of this Plan requires that the City Council, Boards City of and Commissions, City Staff and others consider this Plan as a whole when making decisions. This balanced approach will ver ensure that Elk River makes informed decisions that will help the ` City meet its overarching vision of a "vibrant, historic rivertown that promotes an active lifestyle in an innovative and involved �d community offering unlimited opportunities." Initiatives A Comprehensive Plan is a general plan that can provide the framework for more detailed plans relating to a special topic or special area in the city. The following provides, a summary of key initiatives that are important steps in moving Elk River towards its vision for the future. Capita/Improvement Plan (CIP) The Comprehensive Plan is a guide for public action. In many cases, these actions lead to public investments in infrastructure and facilities. Planning for these investments must include a financial element. The City's capital improvement plan (CIP) matches the estimated project costs over a five-year period with funding sources, allowing the City to prioritize projects and make the best use of available revenues. By looking at future needs, the City is better able to find funding sources to fill gaps and to coordinate projects with other jurisdictions. The City adopted its first financial management plan, Key Financial Strategies for Elk River, in 2002. Since then the City has prepared a five-year CIP annually. Future capital improvement plans should continue to be coordinated with the Comprehensive Plan. Sanitary Sewer Capacity In 2013 the City underwent a study and investigation of the sanitary sewer system capacity. Sewer capacity (or the lack thereof) influences the type and intensity (density) of development and private and public costs of these improvements also influence development in this area. While the study completed in 2013 addresses many of the questions pertaining to capacity gained through expansion of the wastewater treatment plant and the financial implications of making these improvements, continued study and analysis of the future sanitary sewer system will be critical for future planning efforts, particularly those areas in the northern half of the City currently outside of the municipal urban service area. 10 / Chapter 3: Using the Plan