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08-14-2013 Council Agenda
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08-14-2013 Council Agenda
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IV. PROJECT SUMMARY <br />The expenditures to be undertaken with this Capital Improvement Plan (CIP) <br />are limited to those listed below. All other foreseeable capital expenditures <br />within the municipal government will come through other means. The <br />following expenditures have been submitted for inclusion in this CIP: <br />2013 Expenditures <br />• Public Works Building $2,500,000.00 <br />Any additional expenditures for 2014 and expenditures for 2015 through <br />2018 can be found in the City's 2014 -2018 Capital Improvement Program. <br />The statute has established certain criteria that must be met. Under these <br />criteria, the City has considered the following eight points: <br />1. Condition of the City's infrastructure and need for the project <br />2. Demand for the improvement <br />3. Cost of the improvement <br />4. Availability of public resources <br />5. Level of overlapping debt <br />6. Cost/benefits of alternative uses of funds <br />7. Operating costs of the proposed improvements <br />8. Options for shared facilities with other cities or local governments <br />The CIP is composed of projects that will preserve land located within the <br />City for a new public works facility, and other uses, and allow the City's <br />public service operations more space in a new area. The City has analyzed <br />the eight points required per statute for each project on an individual basis <br />and as a whole. Their findings are as follows: <br />Ehlers & Associates, Inc. Page 6 <br />16 <br />
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