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HomeMy WebLinkAboutResolution 2449 Resolution No. 2449, Establishing capital improvement program (CIP) - 6 year plan ,'"' RESOLUTION NO. 2449 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ESTABLISHING A CAPITAL IMPROVEMENT PROGRAM (CIP) CONSISTING OF A SIX (6) YEAR PLAN AND PROVIDING POLICY FOR IMPLEMENTATION THEREOF. WHEREAS, the City Commission recognizes that limited financial resources and increased demands for services require an informed blending of short and long term capital outlays; and WHEREAS, a CIP will force the City to assess revenues, expenditures and debt trends to pinpoint conflicts and challenges to fiscal solvency on an annual basis; and WHEREAS, a CIP promotes and provides for active community participation into long range planning, keeps the public informed and reduces funding pressures for new programs on public officials; and WHEREAS, a CIP encourages personnel and service delivery productivity by providing concrete community objectives and a schedule of resources to accomplish them; and WHEREAS, an active CIP enhances participation in Federal or State grants-in-aid by maintaining a current justification and schedule for capital improvement needs of the community; and WHEREAS, a CIP will enhance the maintenance of the City infrastructure, leading to a stable economy which is highly competitive; and WHEREAS, a well maintained City infrastructure provides a positive environment for new business and commercial growth promoting new job opportunities and a stable tax base in the City. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA: -'" ./ Section 1 That the following definitions shall be established for the purpose of the ClP: A. Types of expenditures to include in the ClP; 1. Four distinct cla~E;5l~5l_of__S:9:pi-!:.?L_i-_.t~!!\~; a. Equipment; b. Land; c. Bui Idings; d. Improvements to land or buildings; 2 . Type s 0 f acgu i sit ion, e ~!P~.!'__E~.s:~r r i n..9..-.9~ nonrecurring; a. New; b. Improvement to existing capital; c. Replacement; 3. Cost limitati9PE; a. Items costing less than $1,000 shall be budgeted in the annual operating budget under the capital classification, as individual items; b. A specific dollar amount shall be designated by the City Commission, to be transferred from the annual operating budget to the ClP fund to accommodate capital items costing more than $1,000 but less than $10,000; c. Items exceeding cost of $10,000 shall be included in the CIP; 4. Useful life--items included in the ClP shall have a life expectancy of three years or greater; 5 . Priorities for rat~flP__E~9.Y~~!E; a. Critica1--firstpriority, proposals to complete existing projects, maintain established programs or meet legal or expansion needs; -2- .. b. Essential--second priority, projects to replace unsatisfactory facilities or anticipate needs; c. Desirable--third priority, projects needed for proper expansion or department operation; d. Acceptable--fourth priority, projects for ideal operation that can be postponed without detriment to service delivery; e. Not Acceptable--requests not in conformance with established community goals and/or funding capability; 6. Project duration; a. Short Term project--a project that can be funded and completed in one (1) program year; b. Long Term project--a project that necessitates multi-year funding and can be complp.ted within five (5) years; 7. Future ope~ati~~osts--costs that will demand future operating budget funding considerations; a. Personnel staffing costs; b. Employee benefit costs; c. Maintenance costs; d. Utility costs; e. Specialized equipment or other minor capital costs; f. Materials and supply costs. Section 2 Annual adoption of the CIP and appropriation of funas by the City Commission shall be completed not later than the second Commission meeting of the month of November each year. -3- - -----~ - . . ~ Section 3 The City Manager shall annually submit to the City Commission a recommended plan for consideration by the third Commission meeting in the month of September each year. Section 4 The City Manager shall promulgate instructions, forms, and time schedules for obtaining capital project requests from all departments, boards, and agencies of the City. Section 5 Procedure __t_~"llES>P!_ !~~_f5!Pi- !-511_~1.!1pro~emen t Pro....9.!5lg:t-- Upon receipt of the City Manager's recommended plan, the Commission shall: a. Prioritize individual projects: b. Prepare a tentative ordinance coptaining designated projects and appropriations to fund the CIP: c. Fix a time and place for holding a public hearing upon the tentative CIP ordinance: d. Give public notice of the public hearing by advertising in a daily newspaper of general circulation within the city at least ten (10) days prior to the conduct of the public hearing: e. Adopt the CIP ordinance not sooner than the next Commission meeting following conclusion of the public hearing. PASSED, ADOPTED AND APPROVED by the City Commission of the City of Bozeman, Montana, at its regular session held on the 13th ______ day of __11!!!.~_______"_' 1983, and effective thirty (30) days after said date. ATTEST: ~. ,j 'cJ~ Ma r: d'~-"- /- ~dn~,: .oI,lld;;~/ "_ _ ~. _ Clerk of the City Commission An1L'~"",'t'~ '1" "~r If"" '"~ ,. ,I <, ,. ". .'." ..' 1~"""'I)..JI ~ ~.,..' '.1'.... I' .r L;!'1:fl -Jlft-S" _Jd~/q;' City Al1~ -4- ~ -.:N:.. .~ --