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HomeMy WebLinkAbout99-49 MOTION BY: WHEREAS, WHEREAS, WHEREAS, WHEREAS, WHEREAS, RESOLUTION 99-49 RESOLUTION APPROVING THE 2000-2004 CAPITAL IMPROVEMENT PROGRAM Kedrowski SECOND BY: Petersen 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 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 The capital improvement program is a flexible planning document that attempts to balance the financial resources ofthe City with its needs; and The establishment of a capital improvement program will provide appropriate information to manage capital change within the City of Prior Lake; and It is intended for the capital improvement program to be established for a period of five (5) years and to be updated annually. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, that the 2000-2004 Capital Improvement Program is hereby approved. Passed and adopted this 17th day of May, 1999. Mader Kedrowski Petersen Schenck Wuellner YES X X X Absent X NO Mader Kedrowski Petersen Schenck Wuellner Absent {Seal} City Manag City ofPri 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 H:\CIP\CIPOORES.DOC AN EQUAL OPPORTUNITY EMPLOYER