Laserfiche WebLink
REQUEST FOR ACTION <br />To Item Number <br />Ci Council 7.6.. <br />Agenda Section Meeting Date Prepared by <br />Administration December 17, 2007 Tim Simon, Finance Director <br />Item Description Reviewed by <br />Approval of the 2008-2012. Capital Improvement Plan <br /> Reviewed by <br />Action Requested <br />Consider approval of the 2008-2012 Capital Improvement Plan (CIP). <br />Background/Discussion <br />Over the past several months, City staff and the Council have been reviewing the proposed 2008-2012 <br />CIP leading up to its adoption. During various work sessions, we reviewed the costs, funding sources, <br />and the general purpose of the projects. The CIP is a revolving document that is re-evaluated on an <br />annual basis; upon each annual update some projects will be deleted, added, or even delayed, reflecting <br />community needs and financial ability to fund the project. <br />One item that Council directed staff to review was reallocating the $1,000,000 in railroad quiet zones. <br />City staff is recommending that the funds be reallocated to the pavement management program in 2009 <br />for street rehabilitation. The Ice Arena lobby expansion has been left in the CIP in year 2009, but as <br />Council continues the discussion, it will be adjusted as determined. <br />The planning commission reviewed the CIP to ensure it meets the objectives of the comprehensive plan. <br />The planning commission reviewed and approved the CIP on November 13, 2007. <br />Financial Impact <br />See various funding sources identified in the 2008-2012 CIP. The 2008 items have been discussed and <br />incorporated in the 2008 budget. <br />Attachments <br />^ 2008-2012 Capital Improvement Plan <br />ACtlon Motion by Second by Vote <br />Follow Up <br />S:\Council\Tim\2008capitalimprovementplan.doc <br />