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EUGENE CITY COUNCIL <br />AGENDA ITEM SUMMARY <br /> <br /> Public Hearing and Possible Action: FY06-FY11 Draft <br /> Capital Improvement Program <br /> <br />Meeting Date: February 28, 2005 Agenda Item Number: 3 <br />Department: Central Services Staff Contact: Patty Boyle <br />www. cl. eugene, or. us Contact Telephone Number: 682-8417 <br /> <br />ISSUE STATEMENT <br />This item is a request for the council to conduct a public hearing and possibly take action on the <br />Draft FY06 - FY11 Capital Improvement Program. <br /> <br />BACKGROUND <br />The Capital Improvement Program (CIP) is a planning document that forecasts the City's capital <br />needs over a six-year period based on various City-adopted, long-range plans, goals and policies. <br />The Capital Improvement Program for the Airport, Parks and Open Space, Public Buildings and <br />Facilities, Stormwater, Transportation and Wastewater totals approximately $387 million in <br />funded and unfunded projects. The Funding Overview on pages 11-14 of the document contains <br />tables summarizing all CIP projects in the plan and a two-year funding summary. <br /> <br />The goals of the CIP are to: <br /> · Provide a balanced program for capital improvements given anticipated revenues over a <br /> six-year planning period; <br /> · Illustrate unmet capital needs which are beyond the capacity of anticipated funding <br /> levels, and; <br /> · Provide a plan for capital improvements which can be used in preparing the capital <br /> budgets for the coming two fiscal years. <br /> <br />The underlying strategy of the CIP is to plan for land acquisition, construction, and major <br />preservation of public facilities necessary for the safe and efficient provision of services. A <br />critical element of a balanced CIP is the provision of funds to preserve or enhance existing <br />facilities and provide new assets that will aid response to service needs and community growth. <br /> <br />Funded Projects <br /> <br />As drafted, projects with identified funding in this CIP total approximately $156 million. Nearly <br />$54 million of anticipated spending on transportation projects represents the largest portion of <br />the CIP, including close to $12 million for construction of the Patterson Street Underpass. <br /> <br /> L:\CMO\2005 Council Agendas\M050228\S0502283.doc <br /> <br /> <br />