HomeMy WebLinkAboutResolution - 2010-80 - Adopt 2011-2015 Capital Improvement Plan - 12/07/2010 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2010-80
A RESOLUTION ADOPTING THE 2011 TO 2015 CAPITAL IMPROVEMENT PLAN
WHEREAS, during the course of the preparation and review of the 2011 to 2015
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 revenLic
to pay for the improvement; and
WHEREAS, it is in the best interests of the City to approve the CIP.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EDEN PRAIRIE, that the City Council hereby approves the 2011 to 2015 Capital
Improvement Plan.
ADOPTED by the City Council of the City of Eden Prairie this 7th day of December
2010,
L'
P i 1 Young, Mayt
ATTEST:
thleen Porta, City Clerk