HomeMy WebLinkAbout01-63 RESOLUTION 01-63
A RESOLUTION APPROVING THE
2002-2006 CAPITAL IMPROVEMENT PROGRAM
Motion By: ERICSON Second By: GUNDLACH
WHEREAS, the purpose of a 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 balanca
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 7, 2001 suggested amendments to the document.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA
that:
1. The 2002-2006 Capital Improvement Program is hereby approved.
PASSED AND ADOPTED THIS 21st DAY OF MAY, 2001.
YES NO
Mader X Mader
Ericson X Ericson
Gundlach X Gundlach~a~i~'~o
Petersen X Petersen
Zieska X Zieska
City Man r Lake
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 44%4230 / Fax (952) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER