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FY 2007-11 Springfield CIP
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FY 2007-11 Springfield CIP
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Last modified
6/9/2009 8:22:08 AM
Creation date
6/1/2009 12:21:33 PM
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PW_Exec
PW_Division_Exec
Administration
PWA_Project_Area
Miscellaneous
PW_Subject
Springfield
Document_Date
3/31/2006
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No
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TABLE I <br /> I <br /> `:CAPITAL IMPROVEMENT REVIEW CRITERIA <br /> j The following criteria are used to evaluate and rank proj ects for listing in the CIl'. In order to <br /> _ prioritize the use of scarce funds, these criteria are used to make sure the projects in the CIP <br /> <br /> .j meet the City's goals and priorities. <br /> (1) Capital improvements should be consistent with the Metxo Plan and all other <br /> ~ hases of Cit Tannin . <br /> p Yp g <br /> (2) Projects mandated by State or Federal laws or regulations should receive high <br /> priorities. <br /> ~ (3} Capital improvements that maximize current City investment in existing capital <br /> facilities should receive high priorities. <br /> ,l <br /> (4) Capital improvements that allow for infilling within the existing City limits <br /> ~ should receive high priorities. <br /> ;(5) The review and subsequent prioritization of capital requests should consider the <br /> initial cost, life cycle cast and the long-term impacts on the City's Operating <br /> Budget. <br /> {6) Capital projects that eliminate or reduce the potential for health hazards or <br /> increase the safe and eneral welfare of the Cit should receive hi rio " <br /> ty g y gh p ashes. <br /> Projects that take advantage of economies of scale should be emphasized. <br /> 1 <br /> (8) Use of local monies as leverage to secure monies from outside funding sources <br /> - should be given considerable weight in the evaluation of prioritization of capital <br /> <br /> ~ improvements. <br /> I`' <br /> i <br /> (9) Projects that address higher Council priorities for capital improvement and <br /> maintenance should receive higher priority. <br /> (10} Projects that address special Council targets should receive higher priority. <br /> i <br /> I <br /> <br />
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