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<br />/f\ <br /> <br /> <br />~ <br />EN HILLS <br /> <br />. <br /> <br />MEMORANDUM <br /> <br />DATE: <br /> <br />April 13, 2006 <br /> <br />AGENDA ITEM 2.C <br /> <br />TO: <br /> <br />Mayor and City Council <br />Kristine Giga, Civil Engineer /W <br /> <br />FROM: <br /> <br />SUBJECT: <br /> <br />CIP/MSA Discussion <br /> <br />BACKGROUND <br /> <br />At tile February 21,2006 work session, staff provided Council with an overview of the CIP and . <br />asked for guidance on several factors, including Municipal State Aid (MSA) related projects and <br />the MSA fund balance. The following information is attached for your review: <br />· A copy of the February 16, 2006 memorandum <br />. Draft 5- Y car CIP plan (February 23, 2006) <br />. Spreadsheet with MSA balance as anticipated by current CIP <br />· Spreadsheet with MSA balance representing one possible option of projcct scheduling <br /> <br />DISCUSSION <br /> <br />At the work session, staff will have a spreadsheet prepared to be able to place unassigned <br />projects and show how the projected costs will affect the MSA fund balance. The two <br />spreadsheets provided to Council are to show the balance based on the existing C1P, and to <br />provide an example of how it can be rearranged to show the impact of the different projects on <br />the MSA fund balance. <br /> <br />There arc some factors to consider when estimating future allocations. It is anticipated that a few <br />more communities will reach a population of 5,000, qualifying them for MSA funds. This will <br />ultimately reduce thc amount that is designated for Arden Hills. Allocations are also based on <br />projections; 2006 projections were high, therefore, the allocations for 2007 will be adjusted and <br />Arden Hills will receive less than it did in 2006. Based on these factors, a 5% decrease in annual . <br />allocation has becn estimated for this exercise. <br /> <br />,\ MClro-ineLus\ArdenHills\PR&P\V',Engincerillg,2006''w ork Sessions\4- [7-06 CIP-MSA.doc <br />