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Regular City Council Meeting Monday, March 25, 2019 Page 5 Chair Schroeder stated the Commission did talk about those projects as well. Part of that was just to make sure people were aware there are additional expenses go- ing into the budget going forward. Councilmember Willmus asked if the Finance Commission was looking to limit specifically to projects and not an acquisition of an expensive piece of equipment, for example. Chair Schroeder indicated the Commission does not want to limit anything. She stated if the item is already in the CIP with the amount then did the Council really want to see the project because it has already been vetted. Commissioner Harold stated a big thing with that is highlighting either additions or replacements that are substantially different. Councilmember Willmus stated when looking at new development, you are look- ing at roads and infrastructure which are often costs borne by the developer. The long-term maintenance of those assets, when turned over to the City, is something that would need to be tracked. Councilmember Groff stated the part he found important was maintenance costs on these different items. He thought sometimes that gets forgotten or is not high- lighted enough for the public to think about. If there was someway that could be incorporated in, he would like to see that. Chair Schroeder stated the Commission wanted to make sure if a new asset is pur- chased, what is it going to take to maintain and over time, it will need to be re- placed as well so to be aware of what that entails. Mayor Roe thought it was fair to say that while policy uses a $500,000 threshold, he could imagine the Council would be looking at the ongoing rehabilitation and replacement costs, operational maintenance costs, on some less-than-$500,000 items as well. Mayor Roe referenced Attachment A, policy language, the first paragraph, noting this is carried forward from the policy well before the City had a Finance Com- mission. He stated on the second line, line 4, it starts with the word "mainte- nance" and he thought from some previous conversations, the Council wants to get away from talking about maintenance when talking about capital rehabilitation costs because maintenance is a different thing. Mayor Roe referenced the paragraph on lines 13-16 and stated he was not one hundred percent sure he liked the idea of striking it all together. He though the sense of that is something he would like to somehow keep in the policy because he liked what it was saying. He would like the Commission to think about some