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II. THE FIVE YEAR CAPITAL IMPROVEMENT PROGRAM <br />(Capital items are at least 5500 or have a useful life of at least five years.) <br />In 1989 the city developed a five year capital improvement program to be <br />financially prepared to replace and improve its infrastructure, parks, public <br />safety equipment, public works equipment and community building and <br />administrative facilities. As part of this plan, funds from the city's reserves <br />were assigned to specific capital funds to implement these projects. <br />Following the development of this five year capital improvement program, <br />the city implemented a number of needed major capital improvement <br />projects and capital purchases between 1989 and 1994. A summary list of <br />these projects follows. <br />Given the substantial accomplishments in the city's capital improvements <br />and equipment over the past five years, staff prepared a five year capital <br />improvement program for 1995 that reflects the need to continue with the <br />maintenance of the city's parks, infrastructure and equipment within the <br />existing capital funds. It also incorporates opportunities for using other <br />available funds and for rebuilding the city's capital for continued activities <br />whenever possible. <br />• Finally, the five year capital improvement program is flexible and will change <br />each year. The items proposed for the 1995 budget reflect anticipated <br />needs. Items will not be purchased if the need does not arise during the <br />year. <br /> <br />