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Project Categories <br />Eugene's CIP involves the following project and program areas, each of which is discussed in <br />detail in the subsequent section: <br />• Airport <br />• Building & Park Facilities <br />• Stormwater <br />• Transportation <br />• Wastewater <br />Some projects preserve and maintain existing facilities. Others address the geographical areas <br />in .which the City is expected to grow and are intended to respond to that growth. <br />Qualifying Criteria. <br />Capital projects must meet one or more of the following criteria to be included in the Draft <br />CIP: <br />1. Implement Council-adopted plans and policies, including the Financial Management Goals <br />and Policies; <br />2. Address health and safety needs, .reduce City liability, or improve access to City facilities <br />by those with disabilities (address Federal Section 504 requirements); <br />3. Maintain existing assets or improve the efficiency of City operations; <br />4. Improve revenue potential or enhance existing programs; <br />5. Respond to a request from a neighborhood group, citizen, government entity, or City <br />advisory group; <br />6. Be funded from within current and/or projected revenue. streams (including additional <br />operating requirements). <br />Capital Needs <br />Rehabilitation & Preservation of Existing Capital Assets <br />As an asset ages, it requires preservation to protect or extend .its useful life. If an asset is not <br />.preserved, it will deteriorate prematurely and its benefit to the community will be' lost. In <br />addition, reconstruction costs are frequently four to five times the cost of preservation and <br />maintenance. As a result, the CIP reflects the broad direction of the City Council to preserve <br />existing capital assets before they fall into such disrepair that expensive rehabilitation or <br />replacement is required. <br />The City currently maintains a wide variety of capital assets (including municipal buildings, <br />City of Eugene .199&2003 Capital Improvement Program <br />Overview <br />2 <br />