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FC CASE # ~.~ REVIEW AND PRIORITIZE 1997 - 2002 CAPITAL IMPROVEMENT PROGRAM By: Jessie Hart, Finance Officer Background: It is again time to review and prioritize the Capital Improvement Program. This years program will cover 1997 through 2002. As in the past, we are including six years as the first year of the program is considered the active year and the remaining five years are used for project planning. Review and adoption of this program generally takes place in two parts. As you may recall the City Council adopted the 1997 - 2002 Parks Capital Improvement Program on August 278, 1996, which is the first part. The next step is to review and prioritize those anticipate projects that impact the City's infrastructure [i.e., streets and utilities]. While the raw data has been accumulated, the actual spreadsheets of the proposed activities and related cash flow projections for 1997 - 2002 are not yet complete, however, attached is a summary of the streets and utility projects being proposed. It is anticipated that Staff will present the spreadsheets, by year, at the table. If'the cash flow projections are available at that time, they too will be distributed. Staff is not seeking adoption of the program at this meeting, but rather is requesting the Finance Committee to recommend a priority listing the proposed projects, knowing that funding availability and timing will ultimately determine the timing of each project. Once the projects are prioritized and the funding availability determined [cash flow projections], staff will present the program to the City Council for formal adoption. Committee Action: Address the prioritization of the Proposed 1997 - 2002 Capital Improvement Program and motion to recommend City Council approve said prioritization. Reviewed by: City Administrator Finance Officer City Engineer FC: 10/22/96