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<br />REQUEST FOR COUNCIL ACTION <br /> Date: 11/19/12 <br /> Item No.: 12.g <br />Department Approval City Manager Approval <br /> <br />Item Description: Consider Accepting the Capital Improvement Plan (CIP) Subcommittee <br />Reports and Recommendations <br /> <br />Page 1 of 4 <br />B ACKGROUND 1 <br />On September 10, 2012, the City Council received a memo from the Capital Improvement Plan 2 <br />(CIP) Subcommittee detailing the funding r ecommendations for 2013 and beyond. This was 3 <br />preceded by memos presented to the Council at the June 13th and June 20th, 2011 City Council 4 <br />meetings; which outlined funding recommendations for 2012 as well as general guidance for 2013 5 <br />and beyond. 6 <br /> 7 <br />Copies of these memos are included in Attachments A, B, and C . 8 <br /> 9 <br />The Council is now asked to formally accep t, by resolution, the CIP Subcommittee’s 10 <br />recommendations to signify the Council’s intent a nd to memorialize the funding plan necessary to 11 <br />ensure a sustainable infrastructure replacement program. 12 <br />P OLICY O BJECTIVE 13 <br />Establishing long-term financial plans is consistent with industry best practices as well as the goals 14 <br />and strategies outlined in the Imagine Roseville 2025 process. 15 <br />F INANCIAL I MPACTS 16 <br />See attachedments. 17 <br />S TAFF R ECOMMENDATION 18 <br />Staff recommends the Council accept, by resoluti on, the recommendations set forth by the CIP 19 <br />Subcommittee. 20 <br />R EQUESTED C OUNCIL A CTION 21 <br />Motion to approve the attached resoluti on formally accepting the CIP Subcommittee’s 22 <br />recommendations. 23 <br /> 24 <br />Prepared by: Chris Miller, Finance Director <br />Attachments: A: Copy of Resolution <br /> B: Memo dated September 10, 2012 from the CIP Subcommittee. <br /> C: Memo dated June 20, 2011 from the CIP Subcommittee. <br /> D: Memo dated, June 13, 2011 from the CIP Subcommittee <br />25