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CC Work Session 2.2. <br />Meeting Date: 10/26/2021 <br />Information <br />Title: <br />Review of 2022-2031 Capital Improvement Plan (CIP <br />Purpose/Background: <br />The 2022-2031 Capital Improvement Plan (CIP) has been prepared as a strategic planning tool to assist the City <br />Council in identifying proposed capital improvement projects over the next ten years. The CIP is broken down <br />into the following categories: Capital Equipment, Municipal Buildings, Park Improvements, Sewer Improvements, <br />Storm Water Improvements, Street Improvements, Street Light Improvements and Water Improvements. <br />Each project includes preliminary funding sources and appropriate background information citing needs and <br />projected cost estimates. <br />A supplemental section titled 'Future Consideration Projects' has also been included. This is a listing of park <br />projects that are contingent upon availability of resources. These projects are unfunded and unscheduled until <br />resources become available. <br />The CIP must be formally adopted after a public hearing is held. <br />Staff is proposing the following schedule for the adoption of the 2022-2031 CIP: <br />October 26 - November 9 - Council worksessions to review CIP inclusions <br />November 23- Further worksession review if needed & City Council meeting Schedule Public Hearing Date of <br />December 14 <br />December 14 - Public Hearing & Adopt 2022-2031 CIP <br />Timeframe: <br />30-45 minutes <br />Funding Source: <br />Each project contained within the 2022-2031 Capital Improvement Plan (CIP) states the respective funding <br />source(s). <br />Responsible Party(ies): <br />Finance Director & respective department heads <br />Outcome: <br />Review and discuss the 2022-2031 Capital Improvement Plan (CIP) <br />Draft 2022-2031 CIP <br />Draft 2022-2031 Park Supplemental CIP <br />Attachments <br />Form Review <br />