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<br /> <br />Item 5.5. <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />FROM: <br /> <br />Mayor and City Council <br /> <br />Pat Klaers, City M~tr. ator <br />yt1 /\jh(;V <br />April II, 2005 <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Capital Improvement Program <br /> <br />The City Council worksession on the Capital Improvement Program (CIP) is scheduled for <br />April 11, 2005. The first part of the meeting will be a presentation from Finance and <br />Administrative Services Director Lori Johnson and representatives of EWers and Associates, <br />Inc. regarding the city Financial Management Plan. The second part of meeting will be a <br />discussion on proposed projects and equipment expenditures. <br /> <br />The financial material from EWers will be handed out at the meeting on April 11. This <br />information will help the Council make funding decisions and establish priorities for various <br />projects. <br /> <br />Attached to this memo is the updated 10 year CIP detail pages. Also attached are three sets <br />of summary pages. One reviews the projects by department and funding source; one reviews <br />projects by funding source only; and one reviews the projects by departments. All three <br />summaries provide very good information when looking at all of our needs and trying to <br />determine which items should be funded as proposed, which items need to be delayed, and <br />which items we simply cannot afford. <br /> <br />In looking at the attached CIP it is easy to see that there is lots and lots of information to <br />review. The CIP includes all projects on a citywide basis that we can anticipate for the next <br />ten years. The ten year CIP typically provides the most detail in the first few years and much <br />less detail in later years. A City Council CIP update every two years or so (the typical length <br />of a street improvement project) helps keep the plan current. The adoption of a ten year CIP <br />is a reflection of City Council goals and serves as a work program for city staff. <br /> <br />It is likely that the city will not be able to afford all of the requested equipment/vehicles, <br />buildings, land acquisitions, or street construction projects. This is where priority ranking <br />from the City Council is important and a distinction is required between truly needed <br />projects and equipment and ones that are "nice to have." <br />