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. . . ~ ~~HILLS MEMORANDUM DATE: AGENDA ITEM 2.C August 10, 2005 TO: Mayor and City Council Michelle Wolfe, City Administrator M~ SUBJECT: 2006 - 20 I 0 CIP FROM: BACKGROUND Staff has begun detailcd review of the City's Capital Improvement Program (CIP), Due to a number of considerations, the City Administrator's proposed CIP is not finalized at this time, These considerations include: . The PCI ratings are not yct complete and this information will be very valuable in determining the priority ranking of these projects · Weare in the process of getting more accurate cost figures for the 2005 and 2006 PMP projects as well as the lift station upgrades . We have not yet completed the South Water Tower Inspection that is budgeted for this year. This inspection will allow us to more accurately budget and plan for improvements necessary on this water tower. · Finance staff needs some time to analyze the utility funds in light of project activity in the last year as well as the proposed projects in future years, Attached is a draft CIP workshcct that we are working from at this time, However, we anticipate several changes beforc formally submitting this as a proposed CIP, For example, Tom Moore is suggesting somc changes tor the timing of some of the park projects and equipment purchases, Also, as noted above, there are several steps that need to be completed that will assist us with putting together the proposal. DISCUSSION In addition to receiving some of thc information outlined above, it would also be helpful to get Couneil direction and input on a number of items in order to proceed with the development of the CIP, Some discussion points are outlined below: Fund Balanccs