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<br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br /> <br /> <br />Public Hearing: FY08-FY13 Draft Capital Improvement Program <br /> <br /> <br />Meeting Date: February 20, 2007 Agenda Item Number: 1 <br />Department: Central Services Staff Contact: John Huberd <br />www.eugene-or.gov Contact Telephone Number: 682-5386 <br /> <br /> <br /> <br /> <br />ISSUE STATEMENT <br /> <br />This item is a request for the council to conduct a public hearing on the Draft FY08 – FY13 Capital <br />Improvement Program to be held on February 20, 2007, with action to adopt the CIP scheduled to be <br />taken on February 26, 2007. <br /> <br /> <br />BACKGROUND <br /> <br />The Capital Improvement Program (CIP) forecasts the City's capital needs over a six-year period based <br />on various City-adopted long-range plans, goals and policies. The Capital Improvement Program for the <br />Airport, Parks and Open Space, Public Buildings and Facilities, Stormwater, Transportation and <br />Wastewater totals approximately $177 million in “funding identified” and “funding secured” projects. <br />The Funding Overview on pages 31 through 48 contains tables summarizing all CIP projects in the plan. <br /> <br />The goals of the CIP are to: <br />? <br />Provide a balanced program for capital improvements given anticipated revenues over a six-year <br />planning period; <br />? <br />Illustrate unmet capital needs based on anticipated funding levels, and; <br />? <br />Provide a plan for capital improvements which can be used in preparing the Capital Budget for <br />the coming two fiscal years. <br /> <br />The underlying strategy of the CIP is to plan for land acquisition, construction, and major preservation <br />of public facilities necessary for the safe and efficient provision of services. A critical element of a <br />balanced CIP is the provision of funds to preserve or enhance existing facilities and provide new assets <br />that will aid response to service needs and community growth. <br /> <br />This CIP has been updated in accordance with the Budget Committee recommendations on reformatting <br />the document. The Executive Summary on pages 1–3 presents an overview of the CIP. The Reader’s <br />Guide on pages 5 -11 details the document structure, changes to the document, and outlines the CIP <br />process and public input opportunities. Next is a new Financial Summary section which provides a view <br />of the funding sources for the projects. The Airport through Wastewater sections contain individual <br />project pages providing detailed narrative and funding information. <br /> <br /> <br /> <br /> L:\CMO\2007 Council Agendas\M070220\S0702201.doc <br /> <br />