HomeMy WebLinkAboutResolution - 2005-137 - Adopting the 2006 to 2010 Capital Improvement Plan - 12/05/2005 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2005-137
A RESOLUTION ADOPTING THE 2006 TO 2010 CAPITAL IMPROVEMENT PLAN
WHEREAS, during the course of the preparation and review of the 2006 to 2010
Capital Improvement Plan(the CIP) the City Council (the Council) of the City of Eden Prairie,
Minnesota(the City)has considered, for each capital improvement and for the CIP overall: the
condition of the City's existing infrastructure, including the projected need for repair or
replacement; the likely demand for the improvement; the estimated cost of the improvement; the
available public resources; the level of overlapping debt in the City; the relative benefits and
costs of alternative uses of the funds; operating costs of the proposed improvements; and
alternatives for providing services most efficiently through shared facilities with other cities or
local government units; and
WHEREAS, the CIP covers at least a five-year period beginning with the date of its
adoption; sets forth the estimated schedule, timing, and details of specific capital improvements
by year, together with the estimated cost, the need for the improvement, and sources of revenue
to pay for the improvement.
WHEREAS, a public hearing regarding the proposed plan was held on December 5ch,
2005 at 7:00 p.m. in the City Council Chambers; and
WHEREAS, it is in the best interests of the City to approve the plan.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EDEN PRAIRIE, that the City Council hereby approves the 2006 to 2010 Capital
Improvement Plan.
ADOPTED by the City Council of the City of Eden Prairie this 5th day of December
2005.
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ATTEST:
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Ka leen Porta, ity Clerk