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96-4999 POLICY CIP��souee�.ee�wz RESOLUTION NUMBER 96-4999 A RESOLUTION ESTABLISHING A CAPITAL IMPROVEMENT PROGRAM POLICY FOR THE CITY OF SALINA, KANSAS. BE IT RESOLVED by the Governing Body of the City of Salina, Kansas: Section 1. That the City of Salina shall annually establish a Five -Year Capital Improvement Program to guide decision making on public improvements and expenditures. Section 2. That the Capital Improvement Program shall be established following analysis of year-end financial statements and prior to or in conjunction with adoption of the City's annual operating budget. Section 3. That certain capital improvement projects lend themselves to public- private partnership wherein project funding would be derived partially from the City and partially from private donations, user fees and other non -city sources. Proponents wishing to initiate such projects should first present a concept plan to the City Commission including a financial cost-sharing plan for both the initial capital costs as well as the annual ongoing cost for operations and maintenance. If approved by the City Commission, proponents would be encouraged to complete project plans and initiate fund-raising efforts. Section 4. That certain capital projects may be of such type and scope as to be beyond the financial capacity of the City without additional revenues and thus may be appropriate for public referendum. Such projects should fall within the following criteria: (1) do not involve public health and safety or basic infrastructure; (2) have a cost estimate of $750,000 or greater; and (3) potentially require a significant ongoing City appropriation for operations and maintenance. Proponents of such projects may circulate a petition, in accordance with state law, calling for public referendum on the project and specified funding source. If passed by the voters, the project would be completed. Section 5. That the City Commission reserves the right to amend the above funding policy and mechanisms as deemed necessary to promote the best interests of the community. Adopted by the Board of Commissioners and signed by the Mayor this 1 st day of April, 1996, John Divine, Mayor [SEAL] ATTEST: k• 3Judy. L g, City Cler