5.5. SR 04-11-2005 - Laserfiche WebLink

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Apri///, 2005 Pagd of 5 Capita/Improvement Program Worksession equipment/vehicle needs will be one of the biggest financial challenges that the City Council will have over the next few years. Buildinis A number of building projects are fairly certain in the next few years while the timing of numerous other building projects are difficult to predict. For example, we know that Westbound is happening in 2005 and some improvements at the Public Works facility (cold storage and sand/salt shed) are also scheduled for 2005. (please note that the 2006 Public Works building improvement that is shown in the CIP still needs Council discussion.) Plans are also moving forward for the Library expansion in 2007 but this needs City Council confirmation and the funding for this project needs some City Council discussion. A final decision on funding does not need to be made until 2006; but the quicker the better. Funding for the Library is somewhat tied to revenues from the Landfill. The Landfill Host Fee goes into the Government Building Reserve, Street Reserve, and the Library Reserve. There will not be enough money available in the Government Building Reserve and the Library Reserve in order to entirely fund the Library expansion project. In this regard, an EDA lease purchase approach to funding the Library should be considered. This approach would require tax dollars if there are not funds available to make annual debt payments. However, if the landfill expansion is approved and the host fees continue to be received, then non tax money should be available to make these debt payments. Also included in the ten year CIP is the completion of the second level of the Police Station in 2014 and Phase II improvements ($2.8 million) at the Public Works Facility. The timing of the public works project is mosdy dependent upon available monies, while on the other hand the police expenditure is more modest and will likely be more dependent upon when the space is needed. Government Building Reserves is (again) the likely revenue source for both projects. Another building improvement that is being discussed is an expansion to Fire Station 1. This expansion will be funded by the Ambulance Association. At this time this project is not in the attached CIP. It should be noted that there are no monies in the CIP for the YMCA project, for a community center project, for a senior center, or for a contribution to an arts building. In addition to the new buildings that are being proposed, there are also significant expenses for building repair/maintenance issues. These expenses include a roof at the Ice Arena, a chiller at City Hall, a roof at the Public Works building, and the remodeling in the Public Works building. Streets This is an area that will need City Council discussion and prioritizing. While there are not too many streets listed in the CIP it should be noted that some of them could be expensive. Some of the street issues include: 1. How large of a Pavement Rehabilitation Program we should do every two years; s: \ Council\Pat\200S \ Worksessions \ CIP.doc