What is a Capital Improvement Project?
The Capital Improvement Program (CIP) is Tigard’s 5-year plan for matching the cost of large-scale improvements – like fixing roads, water and sewer systems – to anticipated revenues, like taxes and bonds. What’s Makes a Project CIP-eligible? The city defines a CIP project as • Any public facility project that improves or adds value to Tigard’s infrastructure • Costs $50,000 or more • Has a useful life or extends the useful life of a facility for five years or more Where We Are… January 2011 Between September 1 and October 31, 2010, a public comment period was opened for citizens to nominate capital improvement projects (CIP). Thanks to your suggestions, new and existing infrastructure improvements throughout the city will be reviewed. In late December, a CIP Team consisting of directors and staff from Public Works, Community Development and Finance began evaluating and prioritizing projects submitted for the FY 201116 program. They obtained projects from three sources: the existing
Related Questions
- We are considering an exhibit project that would not be major capital improvement and would not impact our "walls" buy may require building permits. Would this be eligible?
- Can the grant be used for a capital improvement project like construction or renovation?
- How does a project get added to the Capital Improvement Program (CIP)?
