HomeMy WebLinkAbout02-83 RESOLUTION 02-83
A RESOLUTION APPROVING THE
2003-2007 CAPITAL IMPROVEMENT PROGRAM
Motion By: ZIESKA Second By: PETERSEN
WHEREAS, the purpose of the Capital Improvement Program is to protect the infrastructure of the City
of Prior Lake by establishing a replacement plan for existing infrastructure and to identify
those improvements necessary to accommodate the growth of the community; and
WHEREAS, an Equipment Matrix has been incorporated into the Capital Improvement Program which
is intended to identify the City's equipment needs and provide a regular replacement
schedule; and
WHEREAS, the Capital Improvement Program is a flexible planning document that attempts to balance
the financial resources of the City with its needs; and
WHEREAS, the establishment of a Capital Improvement Program will provide appropriate information
to manage capital change within the City of Prior Lake; and
WHEREAS, it is intended for the Capital Improvement Program to be established for a period of five (5)
years and to be updated annually; and
WHEREAS, the City Council carefully reviewed each element of the Capital Improvement Program at a
work session on May 6, 2002 and suggested amendments to the document.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA
that:
1. The recitals set forth above are incorporated herein.
2. The 2003-2007 Capital Improvement Program is hereby approved.
PASSED AND ADOPTED THIS 3rd DAY OF JUNE, 2002.
YES NO
Haugen X Haugen
Gundlach Absent Gundlach Absent
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
City Manager, City of Prior Lake
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER