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Executive Summary <br /> The Capital Improvement Program <br /> The Capital Improvement Program (CIP) forecasts the City's capital needs over asix-year period <br /> based on various City-adopted long-range plans, goals and policies. The Capital Improvement <br /> Program for the Airport, Parks and Open Space, Public Buildings and Facilities, Stormwater, <br /> Transportation and Wastewater totals almost $435 million in funded and unfunded projects for <br /> FY04 - FY09. The Funding Overview contains tables summarizing all CIl' projects in the plan <br /> and atwo-year fund summary. <br /> ' The goals of the CIP are to: <br /> • Provide a balanced program for capital improvements given anticipated funding revenues <br /> over asix-year planning period; <br /> Illustrate unmet capital needs based on anticipated funding levels, and; <br /> • Provide a plan for capital improvements which can be used in preparing the Capital <br /> Budget for the coming two fiscal years. <br /> Capital projects are generally large-scale endeavors in terms of cost, size and benefit to the <br /> community. The underlying strategy of the CIP is to plan for land acquisition, construction, and <br /> major maintenance of public facilities necessary for the safe and efficient provision of services. <br /> A critical element of a balanced CIP is the provision of funds to preserve or enhance existing <br /> f facilities and provide new assets that will aid response to service needs and community growth. <br /> Funded Projects <br /> Projects with identified funding in this CIP total $182 million. The major spending anticipated in <br /> the next six years is in the Transportation category with a total of $78 million of projects. <br /> ~ Funding for a majority of these projects is contingent on the implementation of the recently <br /> approved transportation system maintenance fee and the motor vehicle fuel tax, dedicated to the <br /> operation, maintenance and preservation of the transportation system. <br /> % The Airport is expecting to complete significant improvements during the CIP period totaling <br /> almost $41 million. Construction of a parallel runway is expected during FY04 and FY05. <br /> Circulation and access road improvements will be completed the following two years. In future <br /> ~ years, a terminal expansion and an overlay of runway 34/16 are expected to occur. <br /> Major projects are also anticipated over the next six years in the Public Buildings & Facilities <br /> category. The approximately $19 million of funded projects in this category are mainly for <br /> preservation and maintenance of existing City facilities. These projects are funded from the <br /> ' .City's General Fund. <br /> The City's Wastewater system is scheduled for almost $18 million of improvements in the next <br /> few years. On-going system rehabilitation makes up the bulk of the anticipated spending. Anew <br /> interceptor is scheduled to be built at Legacy Street, depending on the pace of development. <br /> ( City of Eugene 2004 - 2009 Capital Improvement Program <br /> Page 3 <br /> ~ <br /> <br /> ~ <br /> <br />