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CC Regular Session 4. 3. <br />Meeting Date: 11/22/2011 <br />By: Diana Lund, Finance <br />Information <br />Title: <br />Schedule Public Hearing to Consider Adoption of the 2012 -2016 Capital Improvement Program (CIP) <br />Background: <br />The Capital Improvement Program (CIP) is a strategic planning tool to assist the City Council in identifying <br />proposed capital improvement projects over the next five years. The 2012 -2016 CIP contains the following <br />categories: Capital Bonding Projects, Equipment Replacement, Municipal Buildings, Park Improvements, Sewer <br />Utility, Site Acquisitions, Storm Water Utility, Street Improvements, Street Light Utility, and Water Utility <br />Improvements. <br />The projects, as presented in the CIP document, are presented at total costs. The city is not responsible for the <br />funding of all projects listed in this program. Each project is listed with its respective funding source. <br />This is a planning document only, and not an approval of any project listed. <br />Per section 7.5 of the Ramsey City Charter, the city shall hold an annual public hearing on the five -year Capital <br />Improvement Program and adopt it by resolution. Staff is asking that a public hearing be held at the regular <br />meeting of December 13, 2011. <br />Funding Source: <br />The 2012 -2016 Capital Improvement Program depicts the various funding sources used to fund capital <br />improvements. <br />Council Action: <br />Motion to authorize a public hearing on December 13, 2011 and to adopt the 2012 -2016 Capital Improvement <br />Program. <br />Attachments <br />2012 -2016 Proposed Capital Improvement Program <br />Inbox Reviewed By <br />Kurt Ulrich Kurt Ulrich <br />Form Started By: Diana Lund <br />Form Review <br />Final Approval Date: 11/17/2011 <br />Date <br />11/17/2011 09:16 AM <br />Started On: 11/15/2011 10:18 AM <br />