CR2003-122 adopt CIP
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August 19, 2003
HOPKINS
Council Report 03-122
2004-2008 CAPITAL IMPROVEMENTS PLAN
Proposed Action
Staff recommends adoption of the following motion: Move to adopt the 2004-2008 Capital
Improvements Plan.
Adoption of this motion will authorize staff to begin efforts to implement 2004 projects by
including them in the 2004 budget process, and to begin preliminary steps.
Overview
The Capital Improvements Plan is a planning document intended to help the City anticipate
major capital items and to consider the financial impact of proceeding with those planned
improvements.
Discussions have been held with the Park Board and Planning Commission, as well as the City
Council, in detailing proposed and necessary improvements.
Staff is recommending adoption of the plan.
Primary Issues to Consider
. Does adoption of the CIP mean projects will be implemented?
The CIP is a planning document, not an implementation action, and therefore, additional
approvals will be necessary for projects to proceed. Appropriate notifications would also
be made for those projects that have funding implications.
. Are funds available for all projects?
The plan outlines funding implications if all projects are implemented. Necessary funding
changes have been anticipated as part of this plan, and are recommended therein.
Supportin~ Information
. 2004-2008 Capital Improvements Plan
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Lori K Yager
Finance Director