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<br /> <br /> <br />ECC <br />UGENE ITY OUNCIL <br />AIS <br />GENDA TEM UMMARY <br /> <br /> <br /> <br />Action: FY 2012-2017 Capital Improvement Program <br /> <br /> <br />Meeting Date: February 28, 2011 Agenda Item Number: 4 <br />Department: Central Services Staff Contact: Pavel Gubanikhin <br />www.eugene-or.gov Contact Telephone Number: 541-682-5512 <br /> <br /> <br /> <br /> <br />ISSUE STATEMENT <br /> <br />This item is a request for the council to take action on the draft FY 2012 – 2017 Capital Improvement <br />Program. <br /> <br /> <br />BACKGROUND <br /> <br />The Capital Improvement Program (CIP) is a planning document that forecasts the City's capital needs <br />over a six-year period based on various City-adopted long-range plans, goals and policies. The Capital <br />Improvement Program for the Airport, Parks and Open Space, Public Buildings and Facilities, <br />Stormwater, Transportation and Wastewater totals approximately $314.4 million in funded and <br />unfunded projects. The Financial Summaries section of the document contains tables summarizing all <br />CIP projects, a six-year funding summary, and maps indicating the geographic location of funded CIP <br />projects. <br /> <br />The goals of the CIP are to: <br /> <br /> <br />Provide a balanced program for capital improvements given anticipated revenues over a six-year <br />planning period; <br /> <br /> <br />Illustrate unmet capital needs which are beyond the capacity of anticipated funding levels, and; <br /> <br /> <br />Provide a plan for capital improvements which can be used in preparing the capital budgets 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 />Funded Projects <br />As drafted, projects with secured and identified funding in this CIP total approximately $152.3 million. <br /> <br />Approximately $46.9 million of anticipated spending on Transportation projects represents the largest <br />portion of the CIP. The Pavement Preservation Program projects account for $41.6 million of the <br />Transportation projects. <br /> <br /> \\Cesrv500\cc support\CMO\2011 Council Agendas\M110228\S1102284.doc <br /> <br />