HomeMy WebLinkAbout2C, 2013 - 2017 CIP "It
,-ARZEN HILLS
Request for Council Action 2C
Prepared By: Sue Iverson,Director of Finance
and Administrative Services &Kyle Howard, Work Session Date: November 19, 2012
Finance Analyst
2013—2017 CIP
Budgeted Amount: Actual Amount: Funding Source:
Discussion Topic:
Discussion regarding the modified CIP.
Supportinst Documents:
1. Memorandum from Sue Iverson and Kyle Howard, dated November 19, 2012.
2. 2013 —2017 Capital Improvement Plan Equipment Replacement Plan book.
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,-ARZEN HILLS
MEMORANDUM
DATE: November 19,2012
TO: Honorable Mayor and City Council Members
Patrick Klaers, City Administrator
FROM: Sue Iverson, Director of Finance and Administrative Services
Kyle Howard, Finance Analyst
SUBJECT: 2013 —2017 Capital Improvement Plan (CIP)
Background
As part of the 2013 budget process, a five-year capital improvement plan is prepared.
Staff prepared the preliminary CIP for Council discussion as part of this process.
Discussion
Staff last discussed the CIP as a whole with the City Council at the June 18th work
session. Since that time, staff has discussed various items with Council at work sessions.
Staff has modified the preliminary CIP and updated any changes in the plans or the cost
estimates since the council last saw the plan. A summary of major changes is as follows:
• Moved jetter/vac truck from 2013 to 2014
• Reduced the CR E Streetscaping project to 2.0 million and divided into two
projects (2015 and 2018)
• Changed the future PMP projects to reclamation instead on reconstruction and
reduced the cost accordingly
• Left the Venus/Glenview neighborhood in 2015
• Put West Round Lake project in 2016
• Moved Indian Oaks/Floral Dr area PMP to 2022
• Moved Old Snelling reclaiming and bridge project to 2025
• Moved other future PMP projects to 2028 and 2031
• Maintain and average expenditure per year for all street items of$1,000,000 over
period 2013-2032
City Council Meeting
P:\Finance\Finance Director\2013 Budget\CIP\2013 CIP Final-Memo.docx
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