Summary
To: Infrastructure Board
From: Micah Badana
Date: 8/9/2016
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Subject:
Title
Capital Improvement Plan FY 2016-17 thru 2020-21
Summary:
Staff has compiled the Capital Improvement Plan for the next five years for your review. A few materials used to develop the plan for the next five years are the new drainage basin map, the pavement segment priority analysis, and the current cooperatively funded projects. We have also projected out five additional years to give a rough estimate about what the future holds for capital projects.
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Body
Previous Commission Action: None.
Background/Problem Discussion: Using the Pavement Segment Priority Analysis created in October 2015, staff determined the areas of highest priority to be completed. Staff then contracted Deuel & Associates to create an updated drainage basin map for the Town. The drainage basin map analyzes the elevations throughout a geographic area and compiles areas where water sources converge upon one another. This information allows staff to identify the convergence points with current storm collection systems and better define the area that should be include in each project, allowing for a more accurate scope of work for each project.
The use of these two tools have assisted staff in creating a new five-year CIP plan. Staff has also include the following five years, though it should be known that forecasting for years six through ten is much less accurate. Additionally, staff has included in the 5 year CIP a small roadway improvements line that climbs with the completion of a project in the previous year. This is meant to appropriately put away for ongoing maintenance of all of our new streets. The amount, if not used in the current year, would then roll into a long term maintenance fund to ensure it is accounted for. Staff is using a starting amount of $100,000 and adding to that amount at the rate of 1% of the projec...
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