7.6. SR 12-21-2009 - Laserfiche WebLink

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REQUEST FOR ACTION To Item Number Ci Council 7.6. Agenda Section Meeting Date Prepared by Administration December 21, 2009 Tim Simon, Finance Director Item Description Reviewed by Approval of the 2010-2014 Capital Improvement Plan Lori ohnson, Ci Administrator Reviewed by Action Requested Consider approval of the 2010-2014 Capital Improvement Plan (CIP). Background/Discussion Over the past several months, city staff and the Council have been reviewing the proposed 2010-2014 CIP leading up to its adoption. During various work sessions, we reviewed the costs, funding sources, cash flow analysis, and the general purpose of the projects. The CIP is a revolving document that is re- evaluated on an annual basis; upon each annual update some projects will be deleted, added, or even delayed, reflecting community needs and financial ability to fund the project. The CIP is a planning tool and all purchases will come back to Council for approval. One modification has been made to the 2010-2014 CIP from your last review. 1) The equipment replacement fund has been amended to increase the replacement budget of Fire department rescue vehicle from $240,000 to $300,000. The fleet committee approved offsetting adjustments to the 2010 equipment schedule and the total has remained unchanged with this adjustment. The planning commission reviewed the CIP to ensure it meets the objectives of the comprehensive plan. The planning commission reviewed and approved the CIP on December 8th, 2009. Financial Impact See various funding sources identified in the 2010-2014 CIP. The 2010 items have been discussed and incorporated in the 2010 budget, but will come for approval during the next year. Attachments 2010-2014 Capital Improvement Plan 2010 equipment listing purchases (funded out of equipment replacement fund) Action Motion by Second by Vote Follow Up