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<br /> <br />6A <br /> <br />H <br /> <br />pLEASANTONc <br /> <br />City Council <br />Staff Report <br /> <br />Amended for December 6, 2005 <br />November 1,2005 <br />Assistant City Manager <br /> <br />SUBJECT <br /> <br />REVIEW OF POLICY TO ESTABLISH PRIORITIES <br />FUNDING FUTURE CAPITAL IMPROVEMENT PROJECTS <br /> <br />FOR <br /> <br />STAFF RECOMMENDATION: <br /> <br />Staff recommends the City Council: <br /> <br />1. Provide direction regarding establishing a policy that identifies <br />criteria for prioritizing future Parks and Miscellaneous Capital <br />Improvement Projects. <br /> <br />2. Authorize staff modifY the practice of establishing multiple CIP <br />reserve projects in favor of establishing one Capital Improvement <br />Reserve account that W'ould be used consistent W'ith a Capital <br />Improvement Program priority policy. <br /> <br />SUMMARY <br /> <br />Every tW'0 years the City Council adopts a four year Capital Improvement <br />Program to assure that infrastructure and capital improvement needs are <br />adequately addressed. This report provides information regarding <br />establishing policy for determining project funding for parks and <br />miscellaneous projects that generally include facilities and park <br />development. This report is not intended to establish priorities at this time. <br />The priority setting process W'ill occur as part of the Mid-Term CIP process. <br /> <br />Honorable Mayor and Members of the City Council: <br /> <br />BACKGROUND <br /> <br />The Capital Improvement Program (CIP) is prepared every tW'o years to provide the City <br />Council and the community W'ith information necessary to determine capital improvement needs <br /> <br />SR:05:312 <br />Page I <br />