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<br /> . <br /> . <br /> t.. ; % <br /> 0 ~HJlLLS <br /> MIEMOJRAN][)IUM <br /> ][)A TIE: January 22, 2007 AGENDA ll'll'IEl\'ll 2JJ <br /> TO: Mayor and City Council <br /> FRO M: Michelle Wolfe, City Administrator ~"t-) <br /> S lUJBJfJE ell': Work Session Discussion: 2007-2011 Capital Improvement Program (CIP) <br /> Attached is an update from Civil Enginecr Kris Giga.. Council saw several drafts of the proposed <br /> five-year CIP during calendar year 2006. Stan-has made a fe\v adjustments to the PMP projects, <br /> as outlined in Kris' memo. However, the balance of the iivc-year plan is consistent \vith earlier <br /> drafts reviewed by the City Council.. <br /> The Council has not fornlally approved a five-year CIP since 2005.. Staff is recommending that <br /> 0 we approve a five year CIP, for the years 2007-20 II.. This is an important step to take [or a <br /> number ofreasons. The CIP is a phm, not a budget. As an approved plan, it serves as a guideline <br /> for staff to focus planning efforts for upcoming projects. It is also a critical element for financial <br /> and budget plmming purposes. We need a basis on which to base projections, and an approved <br /> capital program is that foundation. <br /> Capital projects and purchases are always large enough that they will not proceed without <br /> separate action by the City Council.. However, by a approving a five-ycar program, \ve can work <br /> toward these goals, with the flexibility to recommend and adopt changes along thc way. As part <br /> of the annual budget process, the current year of thc CIP will be incorporated into the actual <br /> budget. <br /> One of the staff goals for 2007 is to incorporate the approved CIP into a software program and <br /> create a more complete CIP document. This documcnt will include project descriptions; maps <br /> estimated costs (by category), proposed funding sources, and other information. <br /> If there are no concerns raised by the Council during the Work Session, staff will proceed with <br /> placing the CIP on the regular meeting agenda for Monday, January 29. <br /> \\mclro-ind\:mlenhills\admin\Cily Adminislrator'.Memo\2007\1-22-07 elP l !pdat~,dU\: <br /> 0 <br />