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0 <br /> MEMORANDUM <br /> TO: CITY COUNCIL <br /> FROM: JESSE STRUVE, PE <br /> SUBJECT: 2014 UPDATE TO THE CAPITAL IMPROVEMENT PLAN <br /> DATE: 10/28/13 <br /> CC: <br /> In 2012, City Staff worked with Bolton and Menk to create a Capital Improvement Plan (CIP). <br /> The CIP is a document that outlines estimated revenues and anticipated major capital expenses <br /> and provides long term affects to fund balances. <br /> Based on staff input, there were several changes made in the updated 2014 CIP which are <br /> outlined as follows: <br /> Individual CIP Sheet Changes <br /> Parks CIP (Table A-1): <br /> • Dock section replacement is lowered to account for reduced dock installation at beaches. <br /> PW will provide a detailed breakdown at a later council meeting. <br /> • Park equipment replacement was changed because of equipment replacement already <br /> completed. <br /> • Dock replacement schedule was shifted to account for reduced number of docks. <br /> Equi�ment CIP(Table A-2a): <br /> • Minor adjustments to replacement schedule were made. <br /> Buildin�Table A-2b): <br /> • City Parking Lot Reconfiguration and Replacement was increased to $500,000 due to the <br /> space needs analysis from SKD. <br /> • Police Garage Addition / Remodel increased to $2,500,000 due to the space needs <br /> analysis from SKD. <br /> • City Hall Remodel and Mechanical Equipment Replacement was added. <br /> IT CIP(Table A-2c� <br /> • File server life expectancy was changed from Syrs to 4yrs and costs were adjusted <br /> accordingly. <br /> Public Works - Golf Course CIP (Table A-2dZ <br /> • Maintenance Shed roof/siding was removed because work was completed in 2013. <br /> • Club House roof/windows was removed because work was completed in 2013. <br />_ _ • Small equipment replacement was removed because it is included in the yearly budget. <br />