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 Page 2 <br />While a CIP does not cover routine maintenance, it does include renovation, major repair, or <br />reconstruction of damaged or deteriorated facilities. While capital improvements do not <br />usually include furniture and equipment, capital project may include the furniture and <br />equipment clearly associated with newly constructed or renovated facility or furniture and <br />equipment that is significant in cost. <br /> <br />The City of Louisville’s CIP includes expenditures for buildings, land, parks, water and sewer <br />plants, acquisition of water rights, sidewalks, streets and curbs, storm drains, major <br />equipment and other commodities which are of significant value and have a useful life of <br />several years. <br /> <br />The planning period for the City’s CIP is six years. The expenditures proposed for the first year <br />of the program are incorporated into the Annual Budget. <br /> <br />Please review the provided Capital Project ideas, add any new capital project ideas, and then prioritize <br />each capital project. Please come to the February meeting with each capital project prioritized <br />numerically 1-27 with one (1) being most important. OSAB is not being requested to rank the parks <br />projects. <br /> <br />Next Steps: <br />Open Space Division staff will compile, review, and incorporate OSAB recommendations into the <br />Open Space Division’s Operational and Capital Budgets Recommendations. Staff will provide the <br />division recommendations and a complete summary of OSAB recommendations to the Director of <br />Parks, Recreation, and Open Space. The Department Director will consider these division <br />recommendations and OSAB recommendation when creating the overall Department budget <br />recommendations. The Department Budget recommendations will then be submitted to the City <br />Manager for consideration. The City Manager’s budget recommendations will be presented to City <br />Council on September 15, 2020. <br /> <br />20