Capital Improvement Program Clause Samples
The Capital Improvement Program clause outlines the procedures and requirements for planning, funding, and executing significant upgrades or additions to physical assets, such as buildings or infrastructure. It typically details how projects are identified, prioritized, and approved, and may specify budgeting processes, timelines, and responsibilities of involved parties. This clause ensures that capital improvements are managed systematically, promoting transparency and accountability while addressing the long-term needs of the property or organization.
Capital Improvement Program. Does this legislation create, fund, or amend a CIP Project? Yes X No
Capital Improvement Program. Each project shall be allocated based on project location and benefit, and allocations shall be determined on a project-by-project basis, provided however that projects and estimated costs shall be approved by each jurisdiction prior to being added to the Capital improvement program.
Capital Improvement Program. 20.01 If the PURVEYOR determines that capital improvements are necessary or desirable for the efficient operation and expansion of the water system as a whole, and PURVEYOR desires to locate such capital improvements within MUNICIPALITY’S corporate limits or if the construction or completion thereof can be affected in any way by any act or failure to act by MUNICIPALITY, then MUNICIPALITY will cooperate with PURVEYOR to facilitate such construction and in the acquisition by PURVEYOR of land for such construction, provided such action does not require MUNICIPALITY to incur any expense.
Capital Improvement Program. A. As is contemplated by the CFA, it is anticipated that the WMATA Board of Directors will adopt a new Fiscal Year 2017 Capital Budget on or before June 30, 2016. It is the intent of the Parties that the CFA is amended to incorporate the FY2017 Annual Work Plan as adopted by the Board so long as the amounts to be billed to the Contributing Jurisdictions in FY2017 shall not exceed $247,800,000, excluding Passenger Rail and Improvement Act (PRIIA) funding.
B. Attachment A contains the proposed budget funding plan, including PRIIA funding.
C. The District of Columbia’s Allocated Contribution to the FY2017 Annual Work Plan shall not exceed $92,100,000, excluding PRIIA funding, and this amount shall be added to the amount contained in Section 4(b)(1)(C)(i) of the CFA to constitute the new limitation on required Allocated Contributions for the District of Columbia in the total maximum amount not to exceed $489,414,000, excluding PRIIA funding, to be paid from the District of Columbia Capital Funds.
Capital Improvement Program o Identify improvements necessary to support new development in specific parts of the City and a process for identifying triggers for when projects should be pursued. o Clearly identify assumptions used in the analysis.
Capital Improvement Program. WDMWW shall, in coordination with the CIWW Technical Committee, provide data and recommendations to the engineering consultant selected by CIWW, to aid the engineering consultant in developing a multi-year Capital Improvements Program (“CIP”) for the WDMWW Designated Water Supply Facilities, based on performance and needs assessments as provided in Section 4 of this Article V. CIWW shall provide the capital required for such projects, and WDMWW shall cooperate with CIWW in the execution of projects under the CIP for the WDMWW Acquired Facilities with WDMWW reimbursed by CIWW for the costs incurred for its efforts.
Capital Improvement Program. The Capital Improvement Program for FY 2018/2019 focuses on continuing SunLine’s investment in an alternative fuel technology fleet, facilities and construction of a new operations building. The three-year plan assumes a $15,250,623 capital program dependent on internal and external funding from federal, state, regional, and local sources. Key components of the Capital Plan, beyond ongoing maintenance needs, include: Vehicle replacement Vehicle expansion Facility and systems improvements Operational improvements and enhancements Information technology In FY 2018/2019, SunLine will focus on strengthening its existing services and piloting new mobility services to invest in the development of advanced transit scheduling expertise in- house, to enhance SunLine’s ability to create efficient transit schedules to better serve customers without increasing operating costs. SunLine will also focus on improving its most successful trunk routes. Lines 14, 30, and 111 together account for 64% of all daily boardings. Improving these services will increase farebox revenue on the entire network. Additionally, SunLine is exploring the possibility of providing service to the Coachella Valley Art and Music Festival, Stagecoach Festival and realignment of Line 70 or 111 to stop near the BNP Paribas Open. The transportation industry is undergoing massive transformation, and SunLine is studying ways to improve and change its service model in order to remain competitive and continue to provide valued service to the community. In light of declining ridership and reduced funding, SunLine is undergoing a planning study to evaluate new service models that may enable SunLine to cost-effectively serve the Coachella Valley. SunLine will respond to declining ridership and development patterns, including shared, on-demand mobility services. SunLine will continue to evaluate existing services for modifications, reductions, and/or discontinuation. The planning study will help SunLine prepare for a range of uncertain funding scenarios and will include community and Board consultation throughout the process.
Capital Improvement Program. A. As is contemplated by the 2020 CFA, the WMATA Board of Directors adopted a new Fiscal Year 2021 Capital Budget in April 2020. It is the intent of the Parties that the 2020 CFA be amended to incorporate the jurisdictional funding commitments of the FY2021 Capital Budget as adopted by the Board exclusive of funds to be used to repay the debt service on previously issued bonds, Dedicated Funding, Jurisdictional Reimbursable FINAL FOR SIGNATURE Projects, or PRIIA, as shown in Attachment A, which contains the FY2021 Capital Budget Financial Plan.
B. The cash portion of the District of Columbia’s Allocated Contribution to the FY2021 Capital Budget shall not exceed $95,116,884 and this amount shall be added to the amounts contained in Section 3(B) of the 2020 CFA to constitute the new limitation on required Allocated Contributions for the District of Columbia in the total maximum amount not to exceed $828,565,884 to be paid from the District of Columbia Capital Funds.
C. It is the intent of the Parties that to the extent that WMATA undertakes multi-year projects in the FY2021 Capital Budget, adopted by this First Amendment, such projects shall be continued in accordance with the provisions of Section 2(e) of the ▇▇▇▇ ▇▇▇.
Capital Improvement Program. State legislation requires that a CMP contain a seven year Capital Improvement Program (CIP) to maintain or improve the performance of the multimodal transportation system for the movement of people and goods and to mitigate regional transportation impacts identified through the Land Use Analysis Program. The County CIP is the core element of the CMP Update, and capital improvement projects must conform to transportation-related vehicle emissions and air quality mitigation measures. These transportation control measures (TCMs) are contained in the Bay Area 2017 Clean Air Plan. TJKM will review existing funding and programming documents as follows: Congestion Management Program 2025 Update | 10 • MTC’s Draft 2021 Transportation Improvement Program (TIP) • MTC’s Plan Bay Area 2050 • California Transportation Commission’s 2022 State Transportation Improvement Program (STIP) • San Mateo County Measure A and Measure M Expenditure Plans TJKM will review MTC’s Draft 2021 TIP, the starting point for developing a CIP in San Mateo County. The CIP will reflect projects included in the TIP at minimum. The team will then recommend inclusion of projects from other sources, such as (but not limited to): STIP, the Measure A Expenditure Plan, San Mateo County Measure M, etc. TJKM will discuss CIP project prioritization with C/CAG staff. Per this discussion, TJKM will develop the seven year CIP for inclusion in the Final CMP Update. Under this task, TJKM will also assist C/CAG in providing updates to the Transportation Demand Management program.
Capital Improvement Program. In order to carry out this responsibility, the City has approved the City’s 2016-17 Capital Improvement Program as part of its Fiscal Year 2016 and Fiscal Year 2017 biennial budget which will fund, along with other available funds, the costs for the Start Activities. The current Capital Improvement Plan shows $7,250,000 for the Fiscal Year 2018 and Fiscal Year 2019 to fund the Trunk Sewer Lines.