AMENDED 2 Agenda Packet 3-11-19 Meeting

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March 11, 2019, Meeting – Item 4 EUGENE CITY COUNCIL AGENDA ITEM SUMMARY Public Hearing and Action: FY20–25 Capital Improvement Program Meeting Date: March 11, 2019 Agenda Item Number: 4 Department: Central Services Staff Contact: Mike Streepey www.eugene-or.gov Contact Telephone Number: 541-682-6820 ISSUE STATEMENT This item is an opportunity for the City Council to adopt the Capital Improvement Program (CIP) for fiscal years 2020 through 2025 (FY20–25). The CIP was reviewed and recommended by the City’s Budget Committee on February 20, 2019. BACKGROUND The Capital Improvement Program is a planning document that forecasts the City’s capital needs over a six-year period based on various City-adopted long-range plans, policies, goals and other planning processes. The FY20–25 CIP totals approximately $312.7 million and includes projects for the Airport, Parks and Open Space, Public Buildings and Facilities, Stormwater, Transportation and Wastewater. The Project Summaries section of the CIP document contains tables summarizing all CIP projects, anticipated annual funding levels and maps indicating the geographic location of CIP projects. The primary goals of the CIP are to: • Provide a balanced program for capital improvements given anticipated funding sources over a six-year planning period; • Illustrate upcoming capital needs based on anticipated funding levels; • The underlying strategy of the CIP is to plan for land acquisition, construction, and the major preservation of public facilities necessary for the safe and efficient provision of services, and; • Serve as the basis for the Capital Budget for the coming two fiscal years. Capital projects are generally large-scale endeavors in terms of cost, size and benefit to the community. A critical element of a balanced CIP is the provision of funds to preserve or enhance existing facilities and provide new assets that will aid response to service needs and community growth. Changes to the FY20–25 CIP In 2017, the Budget Committee passed a motion to integrate the City’s Climate Recovery Ordinance with the CIP. Changes have been made to the FY20–25 CIP to meet the motion’s