CCP 08-16-1999 - Laserfiche WebLink

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. . . CITY OF ARDEN HILLS MEMORANDUM DATE: August 12, 1999 TO: Mayor and City Council Brian Fritsinger, City Administrator G1 JjD\ Terrance R. Post, City Accountant ~ FROM: SUBJECT: Proposed 2000 - 2004 Capital Improvement Plan Backl!:round The proposed 2000 - 2004 Capital Improvement Plan (ClP) is enclosed. The CIP document has been broken down into three (3) sections: Introductory, Overview, and Improvement Projects. The Introductory section includes this letter of transmittal and policy information. The Overview section contains summary data regarding overall funding sources, project costs by type of improvement, and cash flow projections for ongoing project funds. The Improvement Projects section contains detailed information by project, grouped by department. For each project, a brief summary is provided showing the proposed year of construction/activity, estimated total cost by type of improvement, proposed resources to fund the project, and a narrative description of the project, justification and the project's scheduling and status. The projects in this CIP totill $14,603,500 in capital spending over the next five (5) years. This compares to $16,207,650 in the adopted 1999 - 2003 CIP. Two individual projects (City Hall and Maintenance Garage facilities) represent $5,300,000, or thirty-six percent (36%) of the proposed 2000 - 2004 total. Even more so than the Operating Budget, the CIP is a planning document that makes a general policy statement through its allocation of limited resources to various community needs and requests. The document states that the City Council's prioritization of the limited resources available for capital project spending by identifying which projects should be included, when they should be constructed or activated, and how they will be financed. The CIP is more than a plan, because it represents the City's tentative commitment to comply with that plan, unless circumstances or priorities change in the future. The commitment is more certain in the first year ofthe CIP, and becomes increasingly more tenuous in subsequent years. Nevertheless, the CIP can be thought of as the City's present plan and priority for improvements over the next five (5) years. Even though the CIP represents a tentative commitment, adoption of the CIP does not authorize the construction of projects or purchase of equipment, because State statutes and City policies must be followed to authorize expenditures.