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a ita! needs based on antici ated fundin levels and• <br /> Illustrate unmet c p p g , <br /> <br /> ~ Provide a two-year plan for capital improvements which can be used in preparing the <br /> Capital Budget for the coming two fiscal years. <br /> 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 /> ,1 <br /> • Airport <br /> c <br /> i ..Building & Park Facilities <br /> i ~ Stormwater <br /> ~ Transportation <br /> • Wastewater ~ ~ <br /> <br /> I <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. Finally, <br /> some projects enhance facilities that are used by citizens from all areas of the city. ~ <br /> Qualifying Criteria <br /> Capital projects must meet one or more of the following criteria to be included in the CIP: <br /> 1. Implement Council-adopted plans and policies,. including the Financial Management <br /> Goals and Policies and the Growth Management Policies; <br /> 2. Address health and safety needs, reduce City liability, or improve access to City <br /> .facilities 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 /> j 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 (ost. 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 /> City of Eugene 2002-2007 Capital improvement Program <br /> Page 4 <br /> <br />