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facilities, roadways, and water and sewer infrastructure. The table included on page 17 reflects the allocation of projects based on type of project. As noted on the table, with the exception of the CIPR, the majority of funding in the CIP is directed to maintenance/improvement projects. Another significant change to this CIP relates to the full incorporation and utilization of the CIPR that was approved by the City Council as part of the 2006-07 CIP Mid-Term. Previously, the City often funded large capital community oriented projects through numerous annual allocations to a project reserve fund which overtime, became sufficient to fund the entire project. This process worked well and helped fund such important projects as the Veteran's Memorial Building, Fire Headquarters, Fire Station #4 and the Alviso Adobe park to name a few. Notwithstanding the success of this approach, it was limited in terms of allocating significant sums of funding to particular project or projects that the Council determined to be the highest priority at a given time. To address this situation the Council approved the creation of the CIPR which is a funding reserve available to address priority CIP projects. As a result, this CIP does not contain reserve projects funded by General Fund CIP revenue, as has been the case previously. Listed below is the estimated CIPR allocations and balances included in the CIP. ESTIMATED CAPITAL IMPROVEMENT PROGRAM RESERVE (CIPR) FUNDING Current Balance Est. 2007-08 Est. 2008-09 Est. 2009-10 Est. 2010-2011 Est. Total $1,338,000 $4,039,041 $6,217,194 $3,358,238 $3,358,392 $18,310,865 Notwithstanding the above, major facility/parks reserve projects approved previously are still maintained in the CIP for their designated use and will be used as part of the final funding strategy once the projects are ready to proceed. As an example, the Council will use the Alviso Adobe Community Park Reserve to meet all or a portion of the costs for this project once bids are obtained. Additional funding, if required would be available using the CIPR. A listing of these projects is as follows: SUMMARY OF MAJOR EXISTING FACILITY RESERVE PROJECTS FUNDED PREVIOUSLY Pro'ect Title Reserve* Pro'ect Status Alviso Adobe Community Park $3,950,000 Construction bids have been received and construction agreements may be approved prior to ado tion of this CIP. Bernal Property Improvement $4,450,000 Available for Bernal Property improvements. Reserve The Council is currently reviewing financing o tions. Bernal Community Park Phase I $4,850,000 Construction drawings in final review phase. Li hted S orts Fields Downtown Parking Improvements $1,750,000 This project will receive additional funding of $800,000 over the next two years. Funding is available for parking improvements including ac uisition of the rail corridor. Downtown Specific Plan Reserve $1,075,000 Funding is available for Downtown Specific Plan Improvements as identified by the City Council.