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WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 06-106
RESOLUTION APPROVING THE
2007 -2011 CAPITAL IMPROVEMENT PROGRAM
MOTION BY: Millar
SECOND BY: LeMair
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 of the 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; and
the City Council carefully reviewed each element of the Capital Improvement
Program during an informational presentation on June 5, 2006 and
suggested amendments to the document.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE that:
1. The recitals set forth above are incorporated herein.
2. The 2007-2011 Capital Improvement Program is hereby approved.
Passed and adopted this 26th day of June, 2006.
{Seal}
Haugen
Dornbush
Erickson
LeMair
Millar
YES
X
X
X
X
X
Haugen
Dornbush
Erickson
leMair
Millar
NO
CityMana~
City of Prior Lake .
www.cityofpriorlake.com
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