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06/23/98
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06/23/98
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5/20/2025 12:06:01 PM
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6/6/2003 12:24:05 PM
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
06/23/1998
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FC CASE <br /> <br />ADOPT PROPOSED 1998-2003 <br />CAPITAL IMPROVEMENT PROGRAM <br />By: Diana Lund Finance Officer <br /> <br />Background: <br /> <br />Each year City Council considers an update to the list of capital projects proposed for completion <br />over the next six years. The resulting Capital Improvements Program (CIP) will direct City staff <br />to begin project planning and, in some cases, design for projects within the plan. <br /> <br />Council has been presented with the 1998-2003 CIP document during two prior worksessions. It <br />was during the first worksession that they requested that the CIP format be changed. These <br />changes were documented in a completely new format, which was presented at a second Council <br />worksession. No other changes were noted, or requested at this time. <br /> <br />The 1998-2003 CIP is not significantly different from CIP's you have reviewed and approved in <br />recent years, except for the layout of the material. As always, there are changes to cost <br />projections as new information provides better cost estimates in those numbers. The park <br />improvement portion of the CIP was presented to the Park Commission in 1997, and those <br />projects are included again in this document. <br /> <br />Before staff can move forward and begin preparation of the 1999-2004 CIP (whose process <br />begins in the immediate future), the 1998-2003 CIP has to be adopted. <br /> <br />Council Action: <br /> <br />Motion to recommend Council adopt the Proposed 1998-2003 Capital Improvement Program <br /> <br />Reviewed by: <br /> <br />City Administrator <br />Finance Officer <br /> <br />FC: 6/23/98 <br /> <br /> <br />
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