HomeMy WebLinkAbout04-88
16200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 04-88
A RESOLUTION APPROVING THE
2005-2009 CAPITAL IMPROVEMENT PROGRAM
Motion By: ZI ESKA
Second By: BLOMBERG
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 at a
work session on May 3, 2004 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 2005-2009 Capital Improvement Program is hereby approved.
PASSED AND ADOPTED THIS 17TH DAY OF MAY, 2004.
Haugen X Haugen
Blomberg X Blomberg
leMair X leMair
Petersen X Petersen
Zieska X Zieska
YES
NO
City M?:!e&::ior Lake
www.cityofpriorlake.com
Phone 952.447.4230 / Fax 952.447.4245