HomeMy WebLinkAbout00-47 RESOLUTION 00-47
RESOLUTION APPROVING THE
2001-2005 CAPITAL IMPROVEMENT PROGRAM
MOTION BY: Mader SECOND BY: Petersen
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
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 during three workshop sessions and amended the document accordingly.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the 2001-
2005 Capital Improvement Program is hereby approved.
Passed and adopted this 19th day of June, 2000.
YES NO
Mader × Mader
Ericson Absent Ericson Absent
Gundlach X Gundlach
Petersen X Petersen
Schenck Absent Schenck Absent
{Seal} Frank Boyles,~~~r
16200 Ea§le Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
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